Stocks & Bonds: In the Fast Lane

(1) Back to the future: forward P/E back at 18.4. (2) Getting closer to 3500 too fast, too soon. (3) S&P 500 forward revenues at new high, while forward earnings has stalled. (4) Is the stock market discounting a productivity growth rebound in the decade ahead? (5) Technology: from jets to main frames to PCs to a brave new world. (6) Reach-for-yield driving stock and bond prices higher. (7) Falling high yields. (8) Counting the number of jobs versus the number of workers. (9) Percentage of full-time workers highest since March 2008. (10) Movie review: “1917” (+ +).