Rolling 10-Year Correlation of Real S&P 500 EPS Growth vs. Real U.S. and Global GDP Growth
Real S&P 500 EPS growth tends to be more correlated to global than U.S. GDP growth.
Image: BofA US Equity & Quant Strategy
Real S&P 500 EPS growth tends to be more correlated to global than U.S. GDP growth.
Image: BofA US Equity & Quant Strategy