Current Events
Did the government shutdown?
No
Last time it shutdown, it lasted for 5 weeks and cost the US economy $3B. December 22, 2018 to January 25, 2019 (longest ever)
How many times a year do companies release earning reports?
4
What year did oil reach it's low point?
2020 at $20
Were stock markets positive or negative last quarter?
Negative
S&P: - 3.3%
EAFE: -4.1%
EM: -2.9%
WSA Stocks: -2.7%
What is the stock split between US, intl, EM in our portfolio?
US - 64%
Int'l - 26%
EM - 10%
What are I-Bonds yielding?
May - October 2023 = 4.3% (fixed rate is 0.90%)
Acceptable answers between 4.1 and 4.5%
Did more or less than 50% of S&P 500 companies beat earnings expectations last quarter?
More - 78.7% (far above the long term average of 66.4%)
What is oil at today?
$90
Were bond markets positive or negative last quarter?
Barclays US Agg: -3.2%
Barclays Muni: -4.0%
WSA NQ: -2.0%
WSA Q: -0.2%
What's different between iSTEFI and STEFI?
Longer duration
Does the market expect any more rate increases this year?
Yes - 0.25%
What is the historical P/E ratio for the S&P 500?
17.85
Acceptable answers between 15 and 20
What was oil at in the beginning of 2022?
Around $100
Did value or growth outperform last quarter?
VALUE
Large: Value vs. Growth (-1.5% vs. -2.2%)
Mid: Value vs. Growth (-4.0% vs. -4.3%)
Small: Value vs. Growth (-2.7% vs. -5.8%)
What's different between our core stock model and our global strategy with Parametric?
Less opportunity for tax loss harvesting
More small cap exposure for int'l and EM stocks
What is current YoY inflation ex-food and energy?
4.35%
Acceptable answers between 4 and 4.5%
Current average P/E ratio for S&P 500
24.6
Acceptable answers between 22 and 28
What price was oil at during the first half of 2014?
Around $100
Out of the 11 sectors that make up the S&P, how many were positive last quarter?
Communication Services: 2.0%
Energy: 12.9%
Who's more likely to get scammed Gen Z or Boomers?
- 3x more likely to fall for an online scam
- 2x more likely to get hacked on social media
What did the 10 year treasury yield recently reach? *hint it's a 16 year high*
4.6%
Acceptable answers between 4.3 and 4.9%
Current average P/E ratio for 7 largest companies in S&P 500
50
What price was oil at the end of 2014?
About $50
Is the US Dollar Index positive or negative year-to-date?
Positive
2.6%
Index includes euro, yen, pound, Canadian dollar, krona, and franc against the USD
Who is the largest bond manager?
Federal Reserve Bank at $8.7 Trillion