Reality Check

Reality Check

  This week’s chart is all about earnings—expectations versus reality, to be exact. Each green bar represents the market’s forecast for S&P 500 year-over-year EPS (Earnings Per Share) growth, while each gold dot shows what actually happened. As you can see,...
Let’s Get Fiscal

Let’s Get Fiscal

  One of the biggest drivers of economic growth is government spending. But here’s the funny thing— as this week’s featured indicator reveals, that spending doesn’t always have the same effect on the stock market. The blue line at the top of the chart tracks the...