Average earnings of the S&P 500 are a hot topic on Wall Street these days, with many arguing that projections are way too optimistic. Morgan Stanley’s Global Investment Committee warns that investors are “putting too much faith in corporate resilience,” and losing sight of the historical pace of earnings and earnings growth. Current consensus forecasts…
This article is only available to Business Times subscribers
Subscribers: LOG IN or REGISTER for complete digital access.
Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
