S&P 500 Index vs. Trailing 12-Month Earnings Per Share
Earnings have diverged from the S&P 500. Earnings matter, because equities move with earnings over the long run.
Image: Hayek and Keynes, Bloomberg
Earnings have diverged from the S&P 500. Earnings matter, because equities move with earnings over the long run.
Image: Hayek and Keynes, Bloomberg