Gap Between S&P 500 Earnings Yield and U.S. Treasury Yield

Gap Between S&P 500 Earnings Yield and U.S. Treasury Yield This chart suggests that the S&P 500 looks attractive relative to bonds, as the spread between the S&P 500 earnings yield and the U.S. 10-year Treasury yield is 368bps. Image: Goldman Sachs Global Investment Research

S&P 500 Earnings Estimates Through 2022

S&P 500 Earnings Estimates Through 2022 Morgan Stanley expects S&P 500 earnings to fall to $130 this year, before rebounding to $158 in 2021. Image: Morgan Stanley Research

S&P 500 Earnings Revisions Breadth

S&P 500 Earnings Revisions Breadth This chart suggests that S&P 500 earnings revisions have likely bottomed. Image: Morgan Stanley Research

S&P 500 Earnings Estimate Progression

S&P 500 Earnings Estimate Progression The market doesn’t believe that the long term earnings power has changed and expects a V-shaped earnings recovery. Image: Fidelity Investments

S&P 500 Earnings and Dividend Growth (S&P 500 EPS and DPS)

S&P 500 Earnings and Dividend Growth (S&P 500 EPS and DPS) This chart suggests estimates for earnings and dividend growth this year, highlighting the financial crisis and the Great Depression. Image: Goldman Sachs Global Investment Research