Business
Why doesn’t the stock market and economy both go up or down with one another at the same time? How is the market a forward-looking discounting mechanism? How do recessions and earnings expectations play into underlying price of the S&P 500 Index? Atlanta Fed GDP Now Comparing historical recessions by examining real GDP declines Great Depression vs. Financial Crisis vs 2020 Covid19 Recession Looking at consensus S&P 500 Index earnings forecasts 2020, 2021, and 2022 How the market does not go up or down equal to change in GDP Are there times that companies write down or take charges to earnings during recessions Uncertainty of S&P 500 Index earnings estimates Intrinsic value of future earnings How interest rates effect valuations Mentioned in this Episode: Atlanta Fed GDP Nowcast https://www.frbatlanta.org/cqer/research/gdpnow?panel=3 JP Morgan on the Markets Guide PDF https://am.jpmorgan.com/us/en/asset-management/gim/protected/adv/insights/guide-to-the-markets Percent Change Gross Domestic Product Quarterly https://fred.stlouisfed.org/series/CPGDPAI Free Chapter from my book Broken Pie Chart https://www.book2look.com/book/YcqUhbCrtN Resource for S&P 500 Index consensus earnings estimates https://www.yardeni.com/pub/yriearningsforecast.pdf Book Jeremy Seigel Stocks for the Long Run https://amzn.to/3el67tO Derek Moore’s book Broken Pie Chart https://www.amazon.com/Broken-Pie-Chart-Investment-Portfolio/dp/1787435547/ref=sr_1_1?keywords=broken+pie+chart&qid=1558722226&s=books&sr=1-1-catcorr Contact Derek www.razorwealth.com