Market Focus
S&P 500 EPS And Sales Growth Forecasts Are Too Optimistic
According to Factset, analysts are forecasting S&P 500 earnings and revenues to grow by 11.0% y/y and 5.0% y/y respectively in 2024 (an acceleration from 0.9% and 2.8% in 2023). Information technology and communications services (broadly-defined tech)…
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