Thursday, January 29, 2009

S&P 500 Implied Sales Growth Update

Below is an updated graph of the historical average market implied sales growth for the S&P for the past 10 years. Even in 2002, the market did not forecast negative sales growth for the typical firm in the S&P 500. Today, the market is calling for these firms to deliver -3.7% annual sales growths over the next 5 years. This is an improvement from November’s expectations of -8.7%.

If you are interested in learning more about our view on the market implied expectations in the S&P 500, we previously discussed in more detail in our Then and Now Special Study

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.