S&P 500 Earnings Update And Multiples: Are They Valid?

If you believe the earnings estimates put forth by S&P, then the multiples are starting to look interesting at around 15x earnings.

That’s the question.

Are those estimates valid ? Who knows? That’s what’s making investors so skittish. Nobody knows anything about valuations. All former thoughts and ideas are out the window. We’re now in a new world. Who knows what banks will earn. Without that knowledge, it’s impossible to predict S&P 500 (^GSPC) earnings. You need that information to come up with some thoughts on valuation.

Technical analysis dominates in this environment. It’s the only thing that an investor can rely on. Buy and Hold is dead and over until further notice.

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Comment by jlounsbury59

2009-03-06 18:48:22

David - - -

I can’t get the totals on the right (upper right) from the numbers in the main table. Can you explain what I am missing?

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