According to Standard & Poor's, S&P 500 revenues fell 2.3% y/y during Q1 mostly as a result of the plunge in the revenues of t...

S&P 500 earnings rose 1.4% y/y during Q1. That’s not much, but industry analysts expected a drop of 4.0% at the start of that quarte...

In my ongoing research on valuation, I constructed a quarterly P/E series for the S&P 500 based on reported earnings from Q4-1935 t...

The NFIB survey of small firms reports a series reflecting the net percentage of business owners saying that their earnings were higher ...

As I noted recently, valuation, like beauty, is in the eye of the beholder. I think P/Es are high. Others disagree and say they can go hi...

Profits’ share of national income is very volatile over the business cycle because it reflects the volatility of its two determinants t...

The growth trend of corporate profits is determined by the growth trend of nominal GDP. My analysis shows that the trend of these variab...

The ECB isn’t buying stocks (just yet), but the bank’s officials are certainly doing their best to boost stock prices by depressing the e...

If oil prices have bottomed and the dollar has peaked, then forward earnings should be moving forward again. Until recently, the S&P ...

While valuation multiples are flying into the wild blue yonder, revenues and earnings have been coming back down to Earth. But that’s all...

Although the dollar might have peaked on March 13 for a while, and the price of crude oil might have bottomed on January 13 for a while, ...

There are lots of correlations between S&P 500 forward earnings and several key economic indicators. The former dropped sharply late...

Both the S&P and the US Bureau of Economic Analysis reported that profit margins dipped during Q4-2014. The former was at 10.2%, whi...