S&P 500 Performance vs. Forward EPS

S&P 500 Performance vs. Forward EPS The correlation between forward EPS and the S&P 500 performance has been good since May 2020. Image: Deutsche Bank Asset Allocation

S&P 500 Forward EPS and World Trade Growth

S&P 500 Forward EPS and World Trade Growth The chart shows a pretty good correlation between the S&P 500 forward 12-month EPS and the CPB World Trade Index. Image: Oxford Economics, Macrobond