Search Results for: global earnings

Global PMIs Global PMIs and earnings growth across regions could suggest a strong risk-on year. Image: Fidelity Investments

S&P 500 Operating Earnings and NIPA Corporate Profits Goldman Sachs expects S&P 500 margins to rise slightly in 2020. Image: Goldman Sachs Global Investment Research

Percentage Contribution of Returns Between Dividends, Earnings and Valuation Since the beginning of the year, the multiple expansion explains the majority of returns in equities around the world. Image: Goldman Sachs Global Investment Research

S&P 500 Earnings Yield vs. 10-Year U.S. Treasury Yield The gap between the S&P 500 earnings yield and the 10-year U.S. Treasury yield is currently relatively high. Image: Goldman Sachs Global Investment Research

Earnings Surprises of S&P 500 Companies To date, 60% of S&P 500 companies have beaten Q3 earnings estimates by 1 standard deviation, and 10% have missed estimates. Image: Goldman Sachs Global Investment Research

U.S. Equities and The World: Earnings Growth vs. Multiple Expansion Since the 2009 low, the strong performance of the U.S. markets comes from earnings growth (73%) and multiple expansion (27%). You may also like “S&P 500 Return: Earnings Growth vs. Multiple Expansion.” Image: Goldman Sachs Global Investment Research

Earnings Matter, Over the Long Run Over the long run, equities move with earnings. Currently, there is a big gap between U.S. and Europe earnings. As Warren Buffett said: “for 240 years, it’s been a terrible mistake to bet against America.” You may also like “Global Earnings since 2006.” Image: Cullen Roche

Lumber Prices Are a Great Leading Indicator of Future Earnings This chart suggests that lumber prices give a good forecast of where the stock market is going. When lumber prices fall over a 12-month period, then EPS follows 6 months later. Although there is no immediate recession on the horizon, a market downturn is possible. Image:…

World Semiconductor Sales and S&P 500 EPS Tight relationship between world semiconductor sales and S&P 500 earnings per share. You may also like “Semiconductor Sales vs. Global Earnings per Share.” Image: Oxford Economics

Median Change in Consensus FY0 EPS Estimates and NTM P/E Around the Start of Recessions Should equity investors expect earnings to fall, as recession fears mount? Image: Goldman Sachs Global Investment Research