S&P 500 Bear Market Correction Potential
S&P 500 Bear Market Correction Potential This chart suggests a level of 1800 for the S&P 500 index, assuming 18x trailing earnings and $100/share due to the recession. Image: Real Investment Advice
S&P 500 Bear Market Correction Potential This chart suggests a level of 1800 for the S&P 500 index, assuming 18x trailing earnings and $100/share due to the recession. Image: Real Investment Advice
Annual S&P 500 EPS Growth Goldman Sachs expects no earnings growth this year. Image: Goldman Sachs Global Investment Research
S&P 500 Management Guidance Ratio The S&P 500 earnings guidance ratio has been declining to its lowest level since 2015. Image: BofA US Quantitative Strategy
Volatility – Number of S&P 500 Companies Reporting Daily vs. Average Performance Dispersion As the number of earnings results increases, the higher the volatility of stock. Image: BofA US Equity & Quant Strategy
S&P 500 EPS Growth vs. Price Performance Chart showing the poor relationship between earnings growth and market performance, even in the long term. Image: BMO Capital Markets Investment Strategy Group
S&P 500 Buybacks Relative to Index Market Capitalization A recovery in corporate earnings could lead to a rebound in buybacks this year. Image: Gavekal, Macrobond
Median S&P 500 EPS Growth The median S&P 500 stock is expected to grow earnings per share by 8% this year. Image: Goldman Sachs Global Investment Research
S&P 500 EPS Forecast Despite the earnings squeeze, Goldman Sachs is still positive on the S&P 500 earnings outlook. In 2020, U.S. and global growth should rebound modestly. Image: Goldman Sachs Global Investment Research
S&P 500 All-Time Highs Today, S&P 500 jumps to record high on strong earnings. This chart shows S&P 500 all-time highs since 1982. Image: Ritholtz Wealth Management LLC.
S&P 500 Tax Adjusted EPS vs. Trend Interesting chart showing that S&P 500 tax adjusted earnings are well above the trend in the United States, and have historically preceded earning plunges. Image: J.P. Morgan Asset Management
S&P 500 Valuation and Equity Risk Premium This chart shows that the equity risk premium (earnings yield less 10-year Treasury yield) has declined to 3.9%. Image: Fidelity Investments