S&P 500 Price Projections Based on Earnings: New Update
From dshort.com - Advisor Perspectives July 16, 2013 - 11:04am
Jul 16, 2013 Chris Turner About a year ago, I decided to look at a projected S&P price based on average earnings and compare that number with the actual S&P 500 Index price. The exercise produced some interesting observations (available here). Simply by tracking the forecasted earnings, we can "picture" where the S&P 500 would trade out to December 2014 using the new forecasted earnings available from S&P and based on historical data. Using the latest data as of July 11th, we can update the charts.More...
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