S&P 500 Forward EPS vs. Fed Funds Rate
S&P 500 Forward EPS vs. Fed Funds Rate When forward EPS growth goes negative, the Federal Reserve typically does not hike rates. Image: Morgan Stanley Research
S&P 500 Forward EPS vs. Fed Funds Rate When forward EPS growth goes negative, the Federal Reserve typically does not hike rates. Image: Morgan Stanley Research
S&P 500 Forward EPS vs. S&P 500 Is there further downside ahead for the S&P 500, as an earnings recession is not priced into U.S. equities? Image: Morgan Stanley Research
FAAMG and S&P 500 – 12-Month Trailing EPS FAAMG (Facebook, Apple, Amazon, Microsoft, and Google) earnings have outpaced the broader market. Should investors be cautiously optimistic on FAAMG stocks? Image: Goldman Sachs Global Investment Research
Earnings – S&P 500 Forward EPS Will 12-month forward EPS start to rise in H2 2023? Image: Alpine Macro
S&P 500 Forward EPS vs. U.S. Unemployment Rate Weakness in S&P 500 earnings is a potential indicator of a higher U.S. unemployment rate. Image: Morgan Stanley Research
EPS – Real M2 Growth vs. S&P 500 12-Month Forward Earnings-Per-Share Estimate The decline in real M2 growth does not bode well for S&P 500 earnings. Image: Morgan Stanley Wealth Management
Valuation – S&P 500 Price-to-Earnings (P/E) Ratio on Smoothed EPS The S&P 500 is still not cheap. Image: Stifel
U.S. ISM New Orders vs. S&P 500 NTM EPS Growth (Leading Indicator) Should U.S. equity investors expect -10% earnings growth in 2023? Image: KKR & Co.
FMS Investors – Net % Say Corporate Earnings Will Improve vs. S&P 500 Consensus Forward EPS Will analysts continue to lower S&P 500 earnings estimates? Image: BofA Global Fund Manager Survey
Philly Fed Future Nominal Orders vs. S&P 500 12-Months Forward EPS (Leading Indicator) A severe contraction in earnings growth should hurt U.S. stocks in 2023. Image: Nordea and Macrobond