Search Results for: price

S&P 500 Index vs. Reported EPS This chart shows the very high correlation between stock prices and earnings since 1871 (R² = 0.97) Image: Fidelity Investments

S&P 500 Index vs. Earnings per Share (EPS) Currently, the S&P 500 Index prices in a 15% decline in EPS. A decline of 33% from 2019 seems more appropriate, according to Goldman Sachs. Image: Jeroen Blokland

Amount of Distressed Bonds Driven by the coronavirus pandemic and the collapse of oil prices, the amount of distressed bonds has surged to the highest level since 2009. Image: Bloomberg

Gold and Silver Forecasts Bank of America forecasts gold price $1700 by year-end. Image: BofA Global Research

New Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3200 by the end of 2020, and a new mid-year S&P 500 target of 2000. Image: Goldman Sachs Global Investment Research

Consolidated Equity Positioning to the Lowest on Record Equities positioning are at their lowest level on record, as pessimistic investors price in recession risks. Image: Deutsche Bank Asset Allocation

Path of the S&P 500 Market in 2020 Goldman Sachs has set a price target of 3200 by the end of 2020, and a mid-year S&P 500 target of 2450 (28% below the market peak). Image: Goldman Sachs Global Investment Research

U.S. Equities During Past 11 Recessions The S&P 500 has declined by 15% from its peak. The average decline over the past 11 recessions is 26%. U.S. equity markets price in 15/26 = 57% chance of an average recession. Image: J.P. Morgan

S&P 500 and VIX/10-Year U.S. Treasury Ratio Chart showing how spikes in the VIX/10-Year U.S. Treasury ratio result in lower equity prices. Image: Truist

Valuation – S&P 500 Deviation From Long-Term 225-Day Moving Average Reversion to the mean is a powerful force on stock prices. Image: Real Investment Advice