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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Since I am lucky enough to have access to databases that carry data on all publicly traded stocks, I choose all publicly traded companies, with a market price that exceeds zero, as my universe, for computing all statistics. Tax rates 4. Costs of equity & capital 4. Dividend yield & payout 3. Default Spreads 3.