America's Economic Future – A Discussion By Ted Kavadas
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 23 of the “S&P500 Earnings Scorecard” (pdf) of December 18, 2017, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts. For reference, …
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 15, 2017: Year 2017 estimates add to the following: -From a “bottom up” perspective, operating earnings of $125.03/share …
The December 2017 Livingston Survey published on December 15, 2017 contains, among its various forecasts, a S&P500 forecast. It shows the following price forecast for the dates shown: Dec. 30, 2017 2644.8 Jun. 30, 2018 2739.8 Dec. 29, 2018 2805.0 Dec. 31, 2019 2980.0 These figures represent the median value across the forecasters on the survey’s panel. …
In the December 11, 2017 edition of Barron’s, the cover story is titled “2018 Outlook: The Bull Market’s Next Act.” Included in the story, 10 investment strategists give various forecasts for 2018 including S&P500 profits, S&P500 year-end price targets, GDP growth, and 10-Year Treasury Note Yields. A couple of excerpts: Given synchronized global growth and …
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 in this site concerning both ongoing and recent “negative developments.” These developments, as well as other exceedingly problematic 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” (pdf) report of …
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 23 of the “S&P500 Earnings Scorecard” (pdf) of November 21, 2017, and represent an aggregation of individual S&P500 component “bottom up” analyst forecasts. For reference, …
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 November 16, 2017: Year 2017 estimates add to the following: -From a “bottom up” perspective, operating earnings of $125.15/share …
As reference, here is a long-term chart of the S&P500 (top plot) and 10-Year U.S. Treasury yield (bottom plot) since 1980, depicted on a monthly basis through the November 10, 2017 closing values: (click on charts to enlarge images)(charts courtesy of StockCharts.com; chart creation and annotation by the author) _____ The Special Note summarizes my overall thoughts …