Although we've stopped offering forecasts for where stock prices will go next, we're still more that happy to occasionally show you where things stand with respect the the stock market, as represented by the S&P 500. We're just not going to tell you what it all means for the future!
With that in mind, take a look at the following chart, in which we observe that investors are currently focused on the change in the growth rate of dividends per share for the third quarter of 2012 in terms of setting today's stock prices:
Our next chart shows the expected level of trailing year dividends per share for the S&P 500 for each quarter through the end of 2012. Pay close attention to the note on the right half of the chart, which is slightly tweaked from the version we posted just a week and a half ago:
Now, take a look back at the first chart we provided in this post, and see what future points in time are available for investors to choose among in setting their forward-looking focus for investing....
Political Calculations is a site that develops, applies and presents both established and cutting edge theory to the topics of investing, business and economics.
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