Market Quick Stats – August 2021

Higher and higher

Through August 30^th 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.

*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.