US reporting season is approaching and this chart provides a back drop on the journey of corporate earnings
US reporting season is approaching and this chart provides a back drop on the journey of corporate earnings. The chart illustrates how earnings declined over 92% from their Q3 2007 peak to Q1 2009 low bringing inflation-adjusted earnings to near Great Depression lows. Since its Q1 2009 low, S&P 500 earnings have surged to all-time record highs. The run-up in real earnings from Great Depression lows to credit bubble peak took over 74 years. The run-up from financial crisis lows to today has been similar in magnitude (actually slightly more) but was accomplished in a mere five years - currently leaving them at record highs. (Chart via Chart of the Day)
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Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.
Expertise
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