This is an interesting illustration of the divergence that is happening between asset prices and earnings expectations
This is an interesting illustration of the divergence that is happening between asset prices and earnings expectations. As QE continues to drive share prices higher analysts are lowering their earnings expectations (on average) for the S&P 500 the EPS ratios are pushing higher and higher. Whilst this theme has been widely discussed the chart on the attached link certainly should raise a few eyebrows. (VIEW LINK)
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