America's Economic Future – A Discussion By Ted Kavadas
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 January 16, 2020: Year 2019 estimates add to the following: -From a “bottom up” perspective, operating earnings of $158.03/share …
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 …
In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the latest daily closing price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, …
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 December …
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 December 19, 2019, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts. For reference, the …
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 December 12, 2019: Year 2019 estimates add to the following: -From a “bottom up” perspective, operating earnings of $158.37/share …
In the December 16, 2019 edition of Barron’s, the cover story is titled “2020 Outlook.” Included in the story, 10 investment strategists give various forecasts for 2020 including S&P500 profits, S&P500 year-end price targets, GDP growth, and 10-Year Treasury Note Yields. As seen in the article, the average estimates among these 10 respondents is for …
The December 2019 Livingston Survey (pdf) published on December 13, 2019 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown: Dec. 31, 2019 3130.0 June 30, 2020 3202.0 Dec. 31, 2020 3257.6 Dec. 31, 2021 3400.0 These figures represent the median value across the forecasters on the survey’s panel. …
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 …
In the March 9, 2012 post (“Charts of Equities’ Performance Since March 9, 2009 And January 1, 1980“) I highlighted two charts for reference purposes. Below are those two charts, updated through the latest daily closing price. The first is a daily chart of the S&P500 (shown in green), as well as five prominent (AAPL, IBM, …