Trends Of S&P500 Earnings Forecasts

S&P500 earnings trends and estimates are a notably important topic, for a variety of reasons, at this point in time. FactSet publishes a report titled “Earnings Insight” that contains a variety of information including the trends and expectations of S&P500 earnings. For reference purposes, here are two charts as seen in the “Earnings Insight” (pdf) report of …

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S&P500 EPS Estimates 2016 Through 2018

As many are aware, Thomson Reuters publishes earnings estimates for the S&P500.  (My other posts concerning S&P earnings estimates can be found under the S&P500 Earnings tag) The following estimates are from Exhibit 20 of the “S&P500 Earnings Scorecard” (pdf) of February 16, 2017, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts.  For reference, …

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Standard & Poor’s S&P500 Earnings Estimates For 2016, 2017 And 2018 – As Of February 10, 2017

As many are aware, Standard & Poor’s publishes earnings estimates for the S&P500.  (My posts concerning their estimates can be found under the S&P500 Earnings tag) For reference purposes, the most current estimates are reflected below, and are as of February 10, 2017: Year 2016 estimates add to the following: -From a “bottom up” perspective, operating earnings of $107.29/share …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system.  Its reading as of the February 9, 2017 update (reflecting data through February 3, 2017) is -1.211. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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Philadelphia Fed – 1st Quarter 2017 Survey Of Professional Forecasters

The Philadelphia Fed 1st Quarter 2017 Survey of Professional Forecasters was released on February 10, 2017.  This survey is somewhat unique in various regards, such as it incorporates a longer time frame for various measures. The survey shows, among many measures, the following median expectations: Real GDP: (annual average level) full-year 2017:  2.3% full-year 2018:  2.4% full-year 2019: …

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Zillow Q1 2017 Home Price Expectations Survey – Summary & Comments

On February 10, 2017, the Zillow Q1 2017 Home Price Expectations Survey results were released.  This survey is done on a quarterly basis. Two excerpts from the Press Release: The quarterly survey, sponsored by Zillow and conducted by Pulsenomics LLC, asked more than 100 housing experts and economists what factors would have the greatest impact on …

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Deflation Probabilities – February 9, 2017 Update

While I do not agree with the current readings of the measure – I think the measure dramatically understates the probability of deflation, as measured by the CPI – the Federal Reserve Bank of Atlanta maintains an interesting data series titled “Deflation Probabilities.” As stated on the site: Using estimates derived from Treasury Inflation-Protected Securities …

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The February 2017 Wall Street Journal Economic Forecast Survey

The February 2017 Wall Street Journal Economic Forecast Survey was published on February 9, 2017.  The headline is “Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration.” I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the “Economist Q&A” section. …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI) is one index that is supposed to measure stress in the financial system.  Its reading as of the February 2, 2017 update (reflecting data through January 27, 2017) is -1.21. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other …

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