Building Financial Danger – July 8, 2020 Update

My overall analysis indicates a continuing elevated and growing level of financial danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous posts on this site concerning both ongoing and recent “negative developments.”  These developments, as well as other exceedingly problematical conditions, have presented a highly perilous economic environment … Read more Building Financial Danger – July 8, 2020 Update

U.S. Dollar Decline – July 1, 2020 Update

U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar.  Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits.  The negative impact of a substantial … Read more U.S. Dollar Decline – July 1, 2020 Update

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” report of June … Read more Trends Of S&P500 Earnings Forecasts

S&P500 EPS Estimates 2020-2022 As Well As Prior Years

As many are aware, Refinitiv 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 24 of the “S&P500 Earnings Scorecard” (pdf) of June 17, 2020, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts.  For reference, the … Read more S&P500 EPS Estimates 2020-2022 As Well As Prior Years

Standard & Poor’s S&P500 EPS Estimates 2020 & 2021 – June 4, 2020

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 June 4, 2020: Year 2020 estimates add to the following: -From a “bottom up” perspective, operating earnings of $109.71/share … Read more Standard & Poor’s S&P500 EPS Estimates 2020 & 2021 – June 4, 2020

S&P500 Price Projections – Livingston Survey June 2020

The June 2020 Livingston Survey (pdf) published on June 12, 2020 contains, among its various forecasts, a S&P500 forecast.  It shows the following price forecast for the dates shown: June 30, 2020  3050.0 Dec. 31, 2020  3117.50 June 30, 2021 3215.0 Dec. 31, 2021  3280.0 These figures represent the median value across the forecasters on the survey’s panel. … Read more S&P500 Price Projections – Livingston Survey June 2020

Building Financial Danger – June 8, 2020 Update

My overall analysis indicates a continuing elevated and growing level of financial danger which contains many worldwide and U.S.-specific “stresses” of a very complex nature. I have written numerous posts on this site concerning both ongoing and recent “negative developments.”  These developments, as well as other exceedingly problematical conditions, have presented a highly perilous economic environment … Read more Building Financial Danger – June 8, 2020 Update

U.S. Dollar Decline – June 1, 2020 Update

U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken to “improve” our economic situation will dramatically weaken the Dollar.  Should the Dollar substantially decline from here, as I expect, the negative consequences will far outweigh any benefits.  The negative impact of a substantial … Read more U.S. Dollar Decline – June 1, 2020 Update

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” report of May … Read more Trends Of S&P500 Earnings Forecasts

S&P500 EPS Estimates 2020 Through 2022 And Prior Years’ EPS

As many are aware, Refinitiv 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 24 of the “S&P500 Earnings Scorecard” (pdf) of May 18, 2020, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts.  For reference, the … Read more S&P500 EPS Estimates 2020 Through 2022 And Prior Years’ EPS