S&P500 EPS Forecasts For 2024-2026 As Of October 18, 2024

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 October 18, 2024, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts.  For reference, the …

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Standard & Poor’s S&P500 EPS Estimates 2024 – 2025 – October 10, 2024

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 October 10, 2024: Year 2024 estimates add to the following: -From a “bottom up” perspective, operating earnings of $235.94/share …

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Chicago Fed National Financial Conditions Index (NFCI)

The St. Louis Fed’s Financial Stress Index (STLFSI4) is one index that is supposed to measure stress in the financial system. Its reading as of the October 17, 2024 update (reflecting data through October 11, 2024) is -.6079: source: Federal Reserve Bank of St. Louis, St. Louis Fed Financial Stress Index [STLFSI4], retrieved from FRED, …

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Disturbing Charts (Update 55)

The following is the latest update of 9 charts that depict various aspects of the U.S. economic and financial situation. I find these charts portray disturbing long-term trends. These trends have been in effect for years. These charts raise a lot of questions.  As well, they highlight the “atypical” nature of our economic situation from …

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The October 2024 Wall Street Journal Economic Forecast Survey

The October 2024 Wall Street Journal Economic Forecast Survey was published on October 14, 2024. The headline is “’Economists Say Inflation, Deficits Will Be Higher Under Trump Than Harris.” I found numerous items to be notable – although I don’t necessarily agree with them – both within the article and in the forecasts section. An …

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Building Financial Danger – October 8, 2024 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 …

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Charts Indicating Economic Weakness – October 2024

Throughout this site there are many discussions of economic indicators.  This post is the latest in a series of posts indicating facets of U.S. economic weakness or a notably low growth rate. The level and trend of economic growth is especially notable at this time. As seen in various sources, recession estimates have been at elevated levels. As seen …

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Stock Market Capitalization To GDP – Through Q2 2024

“Stock market capitalization to GDP” is a notable and important metric regarding stock market valuation.  In February of 2009 I wrote of it in “Does Warren Buffett’s Market Metric Still Apply?” On the Advisor Perspectives’ site there is an update depicting this “stock market capitalization to GDP” metric. As seen in the October 4, 2024 …

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Average Hourly Earnings Trends

I have written many blog posts concerning the worrisome trends in income and earnings. Along these lines, one of the measures showing disconcerting trends is that of hourly earnings. While the concept of hourly earnings can be defined and measured in a variety of ways, below are a few charts that I believe broadly illustrate problematic …

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