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 Earnings Estimates For Years 2014 Through 2017

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 12 of “The Director’s Report” (pdf) of June 24, 2014, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts: Year 2014 estimate: $119.69/share …

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Standard & Poor’s S&P500 Earnings Estimates For 2014 & 2015 – As Of June 19, 2014

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 19, 2014: Year 2014 estimates add to the following: -From a “bottom up” perspective, operating earnings of $119.61/share …

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Current Economic Situation

With regard to our current economic situation, my thoughts can best be described/summarized by the posts found under the 37 “Building Financial Danger” posts. My thoughts concerning our ongoing economic situation – with future implications – can be seen on the page titled “A Special Note On Our Economic Situation,” which has been found near …

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The Bond Bubble – June 2014 Update

In previous posts I have discussed the Bond Bubble and its many facets, as my analyses indicates that the overall bond market is an exceedingly large asset bubble with immensely large and wide-ranging economic implications. Since my last post on the Bond Bubble (the February 6, 2013 post titled “The Bond Bubble – February 2013 Update“) I have …

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Updates Of Economic Indicators June 2014

Here is an update of various indicators that are supposed to predict and/or depict economic activity. These indicators have been discussed in previous blog posts: The June 2014 Chicago Fed National Activity Index (CFNAI)(pdf) updated as of June 23, 2014: – The ECRI WLI (Weekly Leading Index): As of June 20, 2014 (incorporating data through June …

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Janet Yellen’s June 18, 2014 Press Conference – Notable Aspects

On Wednesday, June 18, 2014 Janet Yellen gave her scheduled press conference. (video and related materials) Below are Janet Yellen’s comments I found most notable – although I don’t necessarily agree with them – in the order they appear in the transcript.  These comments are excerpted from the “Transcript of Chairman Yellen’s Press Conference“(preliminary)(pdf) of June …

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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 June 12, 2014 update is -1.256. Of course, there are a variety of other measures and indices that are supposed to measure financial stress and other related issues, both from the Federal Reserve …

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Money Supply Charts Through May 2014

For reference purposes, below are four charts depicting growth in the money supply. The first shows the MZM (Money Zero Maturity), defined in FRED as the following: M2 less small-denomination time deposits plus institutional money funds. Money Zero Maturity is calculated by the Federal Reserve Bank of St. Louis. Here is the “MZM Money Stock” (seasonally …

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