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Tag: S&P500 Earnings Estimates

  • Overly Optimistic Wall Street

    Wall Street earnings estimates for the general economy are always overly optimistic. This time last year, S&P500 full year 2015 earnings were estimated to be over $130…today those estimates have been revised down to less than $107.  (See below chart: Declining Earnings Estimates) If the current estimates hold, then profits would be at a two…