Stock Bulls Bet It All on Earnings Guesses with
Troubled Record
https://www.bloomberg.com/news/articles/2021-04-10/stock-bulls-bet-it-all-on-earnings-guesses-with-troubled-record
“Based on existing analyst forecasts for earnings in all of 2021, the S&P 500 trades at almost 24 times estimates, among its highest valuations ever. To bring the multiple down to its long-term average of 16 times annual profits, companies in the gauge will have to make about 15% more than the equity researchers currently expect them to earn -- in 2023”.
‘Mother of All Recoveries’ Ignites Bullish Trades
Across Europe
https://www.bloomberg.com/news/articles/2021-04-11/-mother-of-all-recoveries-ignites-bullish-trades-across-europe
https://www.bloomberg.com/news/articles/2021-04-10/stock-bulls-bet-it-all-on-earnings-guesses-with-troubled-record
“Based on existing analyst forecasts for earnings in all of 2021, the S&P 500 trades at almost 24 times estimates, among its highest valuations ever. To bring the multiple down to its long-term average of 16 times annual profits, companies in the gauge will have to make about 15% more than the equity researchers currently expect them to earn -- in 2023”.
https://www.bloomberg.com/news/articles/2021-04-11/-mother-of-all-recoveries-ignites-bullish-trades-across-europe
https://www.wsj.com/articles/the-economy-is-recovering-how-to-invest-when-everything-is-expensive-11618063500