Economic Rigor

Big drop off in Apple Watch Sales according to my estimates in Quarter 2, 2016 Using my formula, which has been mentioned in other posts., Apple watch Sales have declined dramatically to be worth only $878 Million in the Quarter Not a great result in Quarter 2 and represents a 50% drop in Sales since Quarter 1.

Wow...the Market Risk Premium has turned negative. Used my usual methodology...last 2.5 years of daily returns of the ASX200...have a return of -1.7% (Pretty bad) Dividend Return of the ASX200 over that period averaged 4.36%, leading to a total market return of the ASX200 of 2.65%. That is pretty low. When the risk free rate is hanging at an average of 3.22% (the 10 year bond rate), means we have a market risk premium of -0.52%. Not great...but I wonder if this means the market is oversold. Generally the long term average of the Market Risk Premium is 7.4% so if there is revision to the mean, you would expect it to increase back to that level. If that happens, the ASX200 should increase as well (or the bond rate should drop)

Flat as a tack at the moment..two weeks in a row. House Type Sample Average Min Max Change Average 2brh   1052      1,151,040.44           1,125,330.93    1,176,749.95 0.15% 3brh   3865      1,254,893.64           1,239,174.68    1,270,612.60 0.00% 4brh   3062      1,493,537.56           1,468,782.74    1,518,292.38 0.05% Unit Type Average Min Max 2 Bedroom Unit 2606          847,396.48              835,610.68        859,182.28 ...

Not much happening this week. Flat House Type Sample Average Min Max Change Average 2brh   1036      1,149,373.59           1,123,419.32    1,175,327.86 -0.26% 3brh   3812      1,254,907.77           1,239,059.82    1,270,755.71 0.00% 4brh   3019      1,492,758.20           1,467,884.40    1,517,632.00 -0.01% Unit Type Average Min Max 2 Bedroom Unit 2557          846,024.49              834,103.90        857,945.09 0.08% ...

Still a bit of life left in the Market House Type Sample Average Min Max Change Average 2brh   1020      1,152,426.82           1,126,258.03    1,178,595.61 0.14% 3brh   3765      1,254,862.13           1,238,907.30    1,270,816.96 0.08% 4brh   2984      1,492,904.36           1,471,493.94    1,514,314.77 0.40% Unit Type Average Min Max 2 Bedroom Unit 2523          845,335.37              833,374.81        857,295.93 0.24% ...

Stats for this week House Type Sample Average Min Max Change Average 2brh   994      1,150,799.39           1,124,297.12    1,177,301.66 0.05% 3brh   3706      1,253,909.18           1,237,810.26    1,270,008.09 -0.04% 4brh   2933      1,486,924.86           1,465,793.46    1,508,056.26 0.14% Unit Type Average Min Max 2 Bedroom Unit 2480          843,317.47              831,259.08        855,375.86 0.16% 3 Bedroom Uni...