Stock Market and Interest Rate charts

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Stock Market and Interest Rate charts
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Stock market indexes

• Dow Jones Industrial Average List
  http//money.cnn.com/data/dow30/
• SP 500 Complete list http//nyjobsource.com/sandp
  1.html
• NASDAQ http//en.wikipedia.org/wiki/Nasdaq_Comp
  osite
• http//en.wikipedia.org/wiki/NASDAQ
• http//www.allstocks.com/NASDAQ/

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Through August 2009
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Long term through the present yr.
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A Long-term View of the DJIA
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What causes stock prices to go up (and
down)? Answer Earnings per share
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Valuation Model
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Stock Priceearnings x Multiple

• Multiple price to earnings ratio
• High multiples are sensible only if earnings are
  going to grow rapidly

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Price versus Earnings Aug. 08
Left Peak 3/24/00
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Forward vs Trailing earnings
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USA TODAY Internet 100
9/29/00
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Interest rate slides
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The Federal Reserve targets the federal funds
rate.
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Treasury Interest Rates
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2009 constant at 3.25
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CPI is a common measure of the price level.
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Inflation
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Next slide data for yield curve
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http//www.bloomberg.com/markets/rates/index.html
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Dividend Payout
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Lower payout in recent years