S&P 500 – Consensus Year-End Target

S&P 500 – Consensus Year-End Target The top analysts on Wall Street predict a consensus year-end target for the S&P 500 of 3,345. Image: CNBC

Global GDP Growth Outlook vs. Consensus

Global GDP Growth Outlook vs. Consensus SocGen remains below the consensus forecasts and expects a mild recession around mid-2020 in the U.S. and a projected U.S. GDP of 0.7%. Image: Societe Generale Cross Asset Research

Consensus EPS Growth Expectations

Consensus EPS Growth Expectations Corporate earnings estimates get more optimistic for 2020. Image: Deutsche Bank Asset Allocation

Consensus 2019 & 2020 U.S. Real GDP Growth

Consensus 2019 & 2020 U.S. Real GDP Growth Goldman Sachs forecasts U.S. real GDP growth of 2.3% in 2019 and 2.2% in 2020 (as of July 2019). Image: Goldman Sachs

U.S. GDP Growth Forecast

U.S. GDP Growth Forecast Goldman Sachs expects a modest growth acceleration in 2020, between 2.25% and 2.5%, above consensus expections. Image: Goldman Sachs Global Investment Research

U.S. Real GDP Growth Forecasts

U.S. Real GDP Growth Forecasts Is the consensus wrong? The consensus expects U.S. real GDP growth of 1.8% in 2020 vs. 2.1% for Goldman Sachs. Image: Goldman Sachs Global Investment Research

Earnings Estimate Progression

Earnings Estimate Progression This chart shows the earnings estimate progression since 2013. For this year, the consensus estimate of EPS growth is currently around 1.9%, and around 9.7% for 2020. Image: Fidelity Investments

Earnings Estimate Progression

Earnings Estimate Progression The consensus growth estimate for Q3 earnings stands at -3.2%, but the earnings recovery seems better than 2016. The Fed’s dovish pivot and low interest rates should continue to support the U.S. stock market. Image: Fidelity Investments

S&P 500 Operating Earnings per Share

S&P 500 Operating Earnings per Share The S&P 500 quarterly operating earnings per share are Standard & Poors consensus analyst expectations as of 30 June 2019. Picture Source: J.P. Morgan Asset Management