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
Earnings – Peak to Trough Decline in LTM S&P 500 EPS During Recessions In the event of a U.S. recession, Goldman Sachs predicts that S&P 500 earnings could fall by 11% in 2023. Image: Goldman Sachs Global Investment Research
Bottom-Up Consensus S&P 500 EPS Estimates Are consensus EPS estimates too optimistic? Image: Goldman Sachs Global Investment Research
S&P 500 EPS Lower earnings could lead to lower U.S. stock market returns. Image: Morgan Stanley Research
S&P 500 EPS Revisions Sentiment S&P 500 earnings revision sentiment is currently pointing to a hard landing. Could the market experience a downturn in the near future? Image: Goldman Sachs Global Investment Research
S&P 500 EPS vs. Trend S&P 500 earnings remain well above the trend line so far. Image: J.P. Morgan
U.S. ISM Manufacturing New Orders vs. S&P 500 EPS Growth Could S&P 500 EPS fall further in 2023? Image: BofA Global Investment Strategy
S&P 500 LTM EPS and Long-Term Trend in Earnings So far, the S&P 500’s earnings trend is still intact. Image: Deutsche Bank Asset Allocation
S&P 500 EPS Growth: 12-Month Leading Indicator Should investors be worried about S&P 500 EPS growth? Image: KKR Global Macro
Economic Composite Index vs. S&P 500 EPS YoY % Change U.S. economic activity is highly correlated with S&P 500 earnings growth. Should U.S. equity investors be worried? Image: Real Investment Advice