Chart of the Day
It has been said that earnings drive the market. That may be the case but as of late it's been all downhill. Today's chart illustrates that S&P 500 as-reported earnings have declined over 60% over the past 17 months, making this the largest decline on record (the data goes back to 1936). In fact, earnings are currently lower than they were back in the mid-1960s.
Notes:
- Where are earnings headed and what's it mean for the market? Find out right now with the exclusive and highly regarded charts of Chart of the Day Plus.
Source - Standard & Poor's
Rate today's Chart of the Day
Excellent
5
4
3
2
1
No good
By voting every day you help us get you the charts you want to see.
Quote of the Day
"I don't want to make money. I just want to be wonderful." - Marilyn Monroe
Events of the Day
February 08, 2009 - Grammy Awards - NFL Pro Bowl
February 14, 2009 - Valentine's Day
February 15, 2009 - NBA All-Star Game - Daytona 500
February 16, 2009 - President's Day - Washington's Birthday (observed)
Mailing List Info
Chart of the Day is FREE to anyone who subscribes.
To ensure email delivery of Chart of the Day, add mailinglist@chartoftheday.com to your whitelist.
|
