Oil over $62
The new year is getting off to a rough start. Oil has soared over $62 a barrel over concerns in Russia. The country finally restored natural gas shipments to normal levels. Still, the standoff has worried traders.
Energy stocks are up, and most everything else—including the new Buy List—is lower.
Posted by Eddy Elfenbein on January 3rd, 2006 at 11:01 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Starting 2025, the S&P 500 is at 5882, up 23.3% for 2024. With dividends+buybacks increasing 11.3% & earnings up 9.9%, the equity risk premium stands at 4.33%. Adding in the ten-year treasury rate of 4.58% yields an expected return of 8.91% for US stocks. http://Damodaran.com
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 
