Philadelphia Fed Survey vs. S&P 500 Earnings Growth Rate The bear market bottom is probably not yet in as the Philly Fed survey suggests an earnings recession is highly likely. Image: Real Investment Advice
S&P 500 YoY Earnings Growth S&P 500 earnings growth looks poised to slow this year. Image: Morgan Stanley Wealth Management
GDP Growth vs. S&P 500 Revenue and Earnings Growth Economic growth tends to drive earnings and revenue growth over the long haul. Image: BCA Research
Earnings Growth for U.S. IG Issuers Earnings growth has peaked. Can U.S. stocks continue do well? Image: BofA Global Research
Earnings Growth – S&P 500 Historical Operating and Normalized EPS The U.S. stock market needs earnings growth to rise in 2021 and 2022 as the global economy recovers. Image: BofA US Equity & Quant Strategy
S&P 500 Earnings Growth S&P 500 earnings growth turns positive, making S&P 500 EPS in Q4 2020 the first quarter of positive growth since Q4 2019. Image: Deutsche Bank Asset Allocation
Global EPS – Global Earnings Growth This chart highlights the strong recovery in global earnings growth. Image: Fidelity Investments
S&P 500 2020 Earnings Growth Estimates The estimated decline in earnings for the S&P 500 could mark the second largest year-over-year decline in earnings since 2009. Image: J.P. Morgan
Style Index Performance During Periods of Decelerating and Accelerating S&P 500 Earnings Growth – Russell 1000 Value vs. Growth Is it time for investors to favor value stocks, as Value tends to beat Growth when profits accelerate? Image: BofA US Equity & Quant Strategy
Earnings Growth – Mega-Cap Growth Stocks vs. S&P500 ex Mega-Cap Growth Earnings for mega-cap growth stocks are expected to reach new highs in early 2021. That’s far better than the rest of the S&P 500. Image: Deutsche Bank Asset Allocation