The S&P 493 Index Has Seen Profits Drop -3% Over the Past Year!
Where’s the profit growth? It’s in the Magnificent 7 as EPS contract for the S&P “493”
Highlights
Where’s the profit growth? It’s in the Magnificent 7 as EPS contract for the S&P “493”
S&P 500-Dow spread is a 1-in-150 event
It’s all about taking the “punch bowl” away when it comes to Powell and the Fed
Fed projections have an implied recession in 2025
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