Earnings – S&P 500 LTM EPS Growth YoY

Earnings – S&P 500 LTM EPS Growth YoY Morgan Stanley’s non-PMI leading earnings indicator does not bode well for EPS growth. Image: Morgan Stanley Research

LEI 6-Month ROC vs. S&P 500 EPS Annual % Change

LEI 6-Month ROC vs. S&P 500 EPS Annual % Change The 6-month annual rate of change of the Leading Economic Index is highly correlated with S&P 500 earnings growth. Should U.S. equity investors remain cautious? Image: Real Investment Advice

S&P 500 Level and EPS

S&P 500 Level and EPS In a soft landing scenario, Goldman Sachs forecast for S&P 500 EPS is $224 in 2023, and its S&P 500 price target is 4,000 by the end of 2023. Image: Goldman Sachs Global Investment Research

S&P 500 Forward EPS vs. Fed Funds Rate

S&P 500 Forward EPS vs. Fed Funds Rate When forward EPS growth goes negative, the Federal Reserve typically does not hike rates. Image: Morgan Stanley Research