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A Hot 30 With Guy, Liz & Dan

MRKT Matrix

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The S&P 500's Earnings Season Has Been Below Average

The S&P 500 has seen a steady decline in earnings through 2022 and into the first five or six weeks here of 2023. Analysts have continued to take their numbers down, but we now see a much higher multiple than we did just a few weeks ago. And not only are analysts more optimistic looking one year in advance, they're more rest optimistic the further out you go. But right now, there is an expectation of a second half recovery in earnings in 2023.

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