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Insightful market commentary from a fresh perspective.
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SP 500 Earnings Update and a Scary Chart

September 28, 2019 Brian Gilmartin Leave a comment

The “forward 4-qtr estimate” next week (after the quarterly roll) will be $175.69, versus the $176.25 of two weeks ago.…

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Posted in: Fwd 4-qtr growth rate (SP 500), Weekly Earnings Update

Will 2020’s Expected 11% – 12% Growth Rate for SP 500 EPS Hold Up ?

September 23, 2019 Brian Gilmartin Leave a comment

Using IBES by Refinitiv data for years, there is always the question of what period do we (the collective “we”…

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Posted in: 2020 SP 500 Earnings data, Corporate High Yield, Credit markets, HYG

Q3 ’19 SP 500 EPS and Revenue Growth Could be the Slowest for 2019

September 21, 2019 Brian Gilmartin Leave a comment

Q3 ’19 financial results will start to be released starting in about three weeks, Let’s take a look at Q3…

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Posted in: 2019 SP 500 earnings

Previewing the October 1 Bump in the SP 500 EPS Forward Estimate

September 20, 2019 Brian Gilmartin Leave a comment

The forward 4-quarter estimate is the key metric for this blog’s work since it’s the Street’s best estimate of forward…

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Posted in: Fwd 4-qtr growth rate (SP 500)

July 31 Fed Funds Rate Cut Wasn’t Well Received

September 17, 2019 Brian Gilmartin Leave a comment

The first rate cut in – what – 8 or 10 years just 6 weeks ago, saw the SP 500…

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Posted in: 10-year Treasury yield, Bond Market(s), Credit markets, FOMC meeting, HYG, JNK

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Fundamentalis

  • JPMorgan, CitiBank Earnings Previews: Share Repurchases and Capital Return Are Probably Under-Appreciated
  • SP 500 Earnings: Quarterly Bump, 4th Year in a Row of +10% Returns, SP 500 Earnings Yield
  • Thinking About the 60% / 40% Balanced Portfolio – “Average, Annual” Bond Returns
  • Micron Technology Earnings Summary: Perspective on the Memory Cycle and Micron’s Business Model Adjustments To It
  • Nike Earnings Preview: Valuation More Reasonable, but EPS / Revenue Estimate Revisions Still Moving Lower

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