Fools & Fanatics + A Conversation With Dan Greenhaus
RiskReversal Pod
00:00
Earnings Slide Question Mark
The 2023 growth estimates is now flipped into negative territory down 1.1 percent this is likely gets worse before it gets better typically the estimate comes down by about 800 basis points so that implies earnings growth of around negative five percent for 2023. At about 18.4 times forward with where the s&p is right now we're basically at the five year average and if you look at the last few years and say we're in and around $200 and earnings right and last year we were down 20 percent this year the s&P is already up 7 percent looks where rates are look where inflationary inputs it just seems like something is out of whack here.
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Transcript
