With the news that the stock market is now officially in “correction” territory (it’s down 10% since October), I thought it might be interesting to check how bad things look if you adjust for the decline in the dollar. So I adjusted the S&P 500′s performance this year to reflect the value of the dollar in a trade-weighted basket of foreign currencies calculated by the nice people at the Fed. And while not exactly earth-shattering, it is at least worth a chart:
The S&P 500, as seen from outside the dollar zone
Related Topics: Economy & Policy
-
Latest on Business
Apple CEO Cook Gives Up $75M in Stock Dividends
NEW YORK — Apple CEO Tim Cook is giving up $75 million in dividends on restricted stock that the company is awarding to all of its employees.
In a filing with the Securities and Exchange Commission on Thursday, Apple Inc. said that Cook requested that his restricted stock units not receive dividends. The dividends that Apple workers are getting amount to $2.65 per quarter for each restricted stock unit held. The shares are not normally eligible to receive dividends, so Apple’s decision is a perk for its employees.
From our PartnersThe Bomb Hidden in Mitt Romney's Education PlanSlate
- The Richest Woman in the World: How Gina Rinehart Earns her BillionsDaily Finance
- Why Dell Will Never Be Great AgainHuff Post Business
Study: Typical CEO Pay Up 6% to $9.6 Million
NEW YORK — Profits at big U.S. companies broke records last year, and so did pay for CEOs.
The head of a typical public company made $9.6 million in 2011, according to an analysis by The Associated Press using data from Equilar, an executive pay research firm.
-
http://www.financialarmageddon.com/ Michael Panzner
-
http://www.360view4u.co.uk market research report
