« Gone Fishing | Main | Airline: More Defunct This Year Than After 9/11 »
Latest Stories
- Palm Pre, Plus Roger and Me
- You Say “Recession”, I Say “Recovery”, etc.
- Quote du Jour: Marc Rich
- South Korea Arrests Barry Ritholtz
- Afternoon Reading 01/08/09
October 28, 2008
S&P 500 EPS Over Time
Useful chart from Crestmont of S&P 500 earnings-per-share over time, and how that has oscillated around a historical trendline tied to GDP growth.
It provides support for my view that mean reversion plus an overshoot could easily get us to $45 in earnings on the S&P 500 next year. The upshot? A conservative multiple makes the current S&P 500 look like something other a trough valuation.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
