Tracking 2009 S&P Forecast Cuts

By Paul Kedrosky · October 21, 2008 · 2 Comments ·

John Mauldin has a useful slide of the cuts to analyst S&P 500 forecasts for 2009. They’re coming down faster than in any six month period I’ve seen, and there are more cuts coming:

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Comments

  1. lowellfield says:
    October 21, 2008 at 1:13 am

    How can it be $48.52? Doesn't that imply almost a 20x multiple on '09E? Seems high (the multiple, meaning the consensus forecast seems low).

    Reply
  2. caveat bettor says:
    October 21, 2008 at 6:14 am

    Is Bloomberg earnings outlook that far off? It's projecting about $89 in S&P500 earnings.

    Reply

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