The S&P500 future is up 26.9% from its December lows. Earnings forecasts are down by ~6%. Who needs earnings when you’ve got green shoots? (& Fed?)
The S&P500 future is up 26.9% from its December lows.Earnings forecasts are down by ~6%. Who needs earnings when you've got #greenshoots? (& #Fed?) $SPY 😜💰🔥 pic.twitter.com/IeIie0V1Fe — Martin Enlund ⚡️🦆🚁 (@enlundm) April 24, 2019 While the S&P 500's valuation has returned to its level at last year's high, the earnings outlook has yet to … Read more