S&P 500 – 2021E Sales and Profits Relative to 2019 Levels
S&P 500 – 2021E Sales and Profits Relative to 2019 Levels Will earnings growth drive the S&P 500 higher by the end of 2021? Image: Goldman Sachs Global Investment Research
S&P 500 – 2021E Sales and Profits Relative to 2019 Levels Will earnings growth drive the S&P 500 higher by the end of 2021? Image: Goldman Sachs Global Investment Research
Corporate Profits – S&P 500 Index Trailing 12-Mo. Operating Margin and U.S. CPI Less U.S. PPI The gap between CPI and PPI is deeply negative. Are U.S. coporate profits at risk in the next 12 months? Image: Morgan Stanley Wealth Management
Valuation – U.S. Equity Market Cap to GDP and U.S. Corporate Profits to GDP Is the U.S. stock market expensive? The U.S. equity market capitalization to GDP ratio hits a new all-time high. Image: Goldman Sachs Global Investment Research
Unprofitable Tech Index Are unprofitable tech companies the ultimate value trap? Image: Morgan Stanley Wealth Management
Performance – Non-Profitable Tech, Liquid IPOs and Bitcoin Sensitive Stocks Speculative parts of the market are taking big hits. Image: Financial Times
S&P 500 Index and Non-Profitable Tech Stocks Despite the lack of profit, non-profitable tech stocks continue to rise. Are they in a bubble? Image: The Daily Shot
% of IPO that Are Unprofitable More and more unprofitable companies are going public. Image: BofA Research Investment Committee
Non-Profitable U.S. Tech Companies The stock prices of non-profitable U.S. tech companies are at record highs. Should investors be worried? Image: Morgan Stanley Wealth Management
S&P 500 EPS vs. U.S. NIPA Corporate Profits This chart puts into perspective the wide divergence between S&P 500 EPS and U.S. NIPA corporate profits. Image: BofA Research Investment Committee
S&P 500 Companies and Profit Guidance Over the last three months, 80% of S&P 500 companies failed to provide guidance. That’s a record going back to 2001. Image: BofA US Equity & Quant Strategy
S&P 500 Index vs. U.S. Corporate Profits After Tax Index Do valuations still matter? This chart puts into perspective the wide divergence between the S&P 500 and U.S. corporate profits after tax. Image: Morgan Stanley Research