Earnings And Valuations Update; Still Nowhere Near Good

By |2016-09-20T17:32:21-04:00September 20th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

At the end of July with a majority of the 500 companies included in the S&P 500 index having reported their earnings, the tabulated EPS (as reported) was figured around $24.09. That was already down sharply from just a month earlier when compared to analysts’ expectations from just before Q2 earnings season started. In late June, the EPS outlook suggested [...]