“For 2023, the bottom-up EPS estimate for the S&P 500 is $232.53…….industry analysts on average have overestimated the final EPS number by 7.0% one year in advance.” This article talks about the overconfidence of analysts estimates and the chart within shows the record setting levels the annual EPS have reached. I have been wanting to … Continue reading A case for a 30% decline in the S&P 500