S&P 500 Equity Risk Premium – Consensus Bottoms Up Earnings Yield – 10-Year Treasury Yield The S&P 500 Equity Risk Premium has increased over the last few weeks.. Image: Morgan Stanley Research
S&P 500 Earnings Estimates Morgan Stanley still expects S&P 500 earnings per share of $227 in 2022 and $245 in 2023. Image: Morgan Stanley Wealth Management
Evolution of Earnings Consensus Will U.S. stocks continue do well? Image: Deutsche Bank Asset Allocation
Sentiment Scores During Earnings Calls Corporate sentiment remains weak amid inflation worries. Image: BofA US Equity & Quant Strategy
Earnings – Corporate Sentiment vs. Quarterly EPS YoY (Leading Indicator) Corporate sentiment tends to lead earnings growth by 3 months. Image: BofA Global Research
S&P 500 Earnings Earnings estimates are still rising. Will the S&P 500 continue do well? Image: Deutsche Bank Asset Allocation
Valuation – 10-Year U.S. Treasury Real Yield vs. S&P 500 Forward Price/Earnings Ratio The S&P 500 P/E tends to fall when real yield increases. Image: Morgan Stanley Wealth Management
U.S. Earnings Revision The earnings revision trend could suggest investors to be cautious on U.S. stocks. Image: Morgan Stanley Wealth Management
S&P 500 Index Real Earnings Yield The real earnings yield on U.S. stocks has never been lower. Image: Morgan Stanley Wealth Management
S&P 500 Earnings vs. Fed Funds Historically, Fed rate hikes tend to negatively affect S&P 500 earnings. Image: Real Investment Advice