Getty Images; Jenny Chang-Rodriguez/BIEd Yardeni predicts the S&P 500 could reach 8,000 by 2030.Yardeni’s prediction is based on a simple analysis of historical growth rates.His bullish projection is supported by a “Roaring 2020s” scenario in which productivity grows.There’s a simple reason one of the most bullish Wall Street strategists expects the stock market to continue rising in the years ahead: compound interest.In a note on Thursday, Yardeni Research founder Ed Yardeni published a long-term chart of the S&P 500 that includes the potential future trajectory of the index based on compounded annual growth rates.At a compounded annual growth rate of…
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Investment advisors may be overestimating the risk of equities for longer-term investors. We analyzed stock market returns for 15 different countries from 1870 to 2020 and found that optimal equity allocations increase for longer investment horizons. Optimization models that use one-year returns generally ignore the historical serial dependence in returns, so naturally they may over-estimate the risk of equities for longer-term investors, and this is especially true for investors who are more risk averse and concerned with inflation risk. In our previous blog post, we reviewed evidence from our recent paper that returns for asset classes do not evolve completely…
Toyota, renowned for its SUVs and crossovers, is planning to broaden its lineup with new models that don’t have high ground clearances. One such model could be a revived Starlet. Currently sold as rebadged Suzuki models in South Africa, the Starlet is rumored to be getting its Toyota branded version in 2026. Based on recent reports, the new Starlet is expected to utilize the TNGA-B platform, which underpins models like the Yaris, Aygo X, Aqua, and Lexus LBX. To differentiate itself from the Yaris, the Starlet is rumored to be slightly smaller. It’s anticipated to launch as a five-door hatchback…
The Chevrolet Impala, a legendary nameplate with a history spanning over four decades, continues to fascinate car enthusiasts. While the latest iteration was discontinued in 2020, the classic models from the late 1950s and early 1960s remain highly sought after. Despite their widespread popularity and production numbers, unrestored survivor Impalas are becoming increasingly rare. These vehicles, with their original patina and solid sheet metal, offer a unique and authentic experience for collectors and enthusiasts alike. While many unrestored Impalas have succumbed to the ravages of time, a fortunate few have survived in remarkably good condition. This 1960 Impala hardtop is…
SVP’s Acquisition of Vista Outdoor (NYSE:)’s Revelyst Segment for $1.125 Billion Expected to Bring New Opportunities through Significant Investment and Expanded ResourcesContingent Upon Close of Vista Outdoor’s Transaction with CSG, Which is Pending Stockholder Approval ANOKA, Minn. & GREENWICH, Conn.–(BUSINESS WIRE)–Revelyst, a collective of world-class maker brands that design and manufacture performance gear and precision technologies and a segment of Vista Outdoor Inc . (NYSE: VSTO), and Strategic Value Partners, LLC, (together with its affiliates, SVP or the firm), a global alternative investment firm with approximately $19 billion of assets under management, today announced that they have entered into an…
The Dodge Charger, initially a luxurious four seater fastback, transformed into a classic muscle car in 1968. However, as the muscle car era waned, the Charger underwent a significant redesign in 1971, featuring “fuselage” sheet metal. This generation continued production until 1974. Despite the nameplate persisting until 1978, the third generation is widely considered the last true performance oriented version, primarily due to its availability with the legendary 426 cubic inch HEMI and high compression 440 cubic inch RB engines. 1972 Dodge Charger: A Restored Icon from the End of the Muscle Car Era (West Port Auto Center/YouTube) These powerful…
The Dodge Super Bee, a high performance variant of the Coronet, was introduced in 1968 as a direct competitor to Plymouth’s Road Runner. Despite being nearly identical in terms of performance, the Super Bee struggled to gain traction in the market. While the Road Runner’s cartoonish image and lower price point helped it soar in sales, the Super Bee’s more subdued appearance and slightly higher price tag hindered its success. As a result, the Super Bee remains a far rarer and more desirable find today compared to its more famous sibling. The Super Bee’s lack of popularity can be attributed…
Legacy Education Inc. (OTCMKTS:LGCY) insiders have recently increased their holdings in the company, with purchases totaling over $112,000. The transactions, which occurred between September 26 and September 30, 2024, involved the acquisition of company shares at prices ranging from $4.08 to $4.80. The largest purchase was made on September 26, where 20,000 shares were bought at a price of $4.15 per share. This was followed by a purchase of 5,000 shares on the same day at $4.08 per share. Additional transactions on September 27 and September 30 saw 1,000 shares bought at $4.38 and $4.80 per share, respectively. These shares…
Transportation Secretary Pete Buttigieg spoke directly to Elon Musk Friday on the billionaire’s X platform, part of an effort to counter false conspiracies about federal disaster aid for victims of Hurricane Helene that Musk spread on X, where his follower count stands over 200 million.”No one is shutting down the airspace and FAA doesn’t block legitimate rescue and recovery flights,” wrote Buttigieg. “If you’re encountering a problem give me a call.”Buttigieg was replying to a post from Musk that falsely claimed the Federal Aviation Administration was shutting down airspace in the disaster zone and “throttling” flights transporting supplies.An FAA spokesperson…
HRE Performance Wheels, a renowned American aftermarket wheel producer, has finally entered of muscle cars with their new Muscle 105 series. This marks a significant departure from their usual offerings, as they have been primarily focused on setting industry standards since 1978. The Muscle 105 is the inaugural design of this series, which aims to capture the essence of classic American muscle car styles while being reengineered for modern high performance vehicles. Inspired by the aftermarket wheels featured on Dominic Toretto’s 1970 Dodge Charger in the Fast X movie, the Muscle 105 is a tribute to this iconic muscle car.…