126 days ago • Posted by Martin Boujol
When earnings don't follow up growth - road for trouble?
Cumulative Growth of S&P 500 is shown in orange, climbing ever further up, while GAAP earnings are falling miserably. Are we going for the same situation as in 2000 and 2009? "Earnings don't matter" and "debt doesn't matter" are all false narratives which could hurt very much once the truth unfolds.
Source: Real Investment Advice