SPX: A Profit Recession Could Be Coming

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Investors buying the SPX on the basis of expectations of continued earnings growth are likely to be very disappointed as a combination of profit margin mean reversion and slow GDP growth cause earnings to stagnate for years to

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SPX PE, PS, and Profit Margins (Bloomberg)

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SPX P/FCF, P/S, and Profit Margin With Free Cash Flow (Bloomberg)

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SPX Ex-Financials EPS Vs FCF (Bloomberg)

Author: jeserje

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