Market Quick Stats – August 2021

Higher and higher

Through August 30th there have been 53 new closing highs for the S&P 500.  This market is closing in on the record 77 new all-time highs which occurred in 1995 (h/t Howard Silverblatt of S&P Dow Jones Indices).

The chart below highlights recent prices, total returns (total return always includes dividends), dividend yields, and trailing and forward-looking P/E’s for several major indices.


Market
Index

Closing
Price 12/31/2020
Closing
Price 08/31/2021
YTD
Tot. Return
06/30/2021
Yield
%
Trailing
Twelve Mo
P/E
Forward Estimate P/E

S&P 500

3,756 4,522 21.2% 1.3% 30.9x 22.1x
DJIA 30,606 35,360 15.5% 1.8% 23.2x

19.3x

S&P US Aggregate Bond Index -0.5% 1.3%

*Statistics for S&P 500 index, DJIA index, and S&P US Aggregate Bond index from S&P Dow Jones Indices.

 

 

Disclaimer
This material is provided by Schmitt Wealth Advisers for informational purposes only.  It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product.  Opinions expressed by Schmitt Wealth Advisers are based on economic or market conditions at the time this material was written.  Economies and markets fluctuate.  Actual economic or market events may turn out differently than anticipated.  Facts presented have been obtained from publicly available sources believed to be reliable.  Schmitt Wealth Advisers, however, cannot guarantee the accuracy or completeness of such information.  Past performance may not be indicative of future results.

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