3 Pieces to the 2020 Earnings Puzzle (and Sentiment Results)

Right now we are trading at 18.6x 2020 EPS for the S&P 500. Here is our latest note (data) on Earnings from this past Friday: 2020 Earnings Guidance moves UP! For this rally to sustain (through 2020) we need some additional earnings power (to support the multiple expansion).  There are 3 factors that could help … Continue reading 3 Pieces to the 2020 Earnings Puzzle (and Sentiment Results)