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Member since Tuesday Feb 25, 2025 - 6:27 AM
S&P500 5000 or 3100?
Call it!
Hartnett says that a $250 EPS x 20x = 5000 would be 1st "recession floor" for SPX. If you apply a proper recession EPS of 220 to a 2018 multiple you get all the way down to 3100. Become a Premium subscriber to see how to call it.
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