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Open original source ↗Just to give you an idea how mild an 11% recessionary decline in earnings is, in 2001 (https://t.co/BJ4rET1eNY Bust) S&P EPS declined 30%. In 2008 (GFC) they dropped 40%.
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Kostin looks at $SPX 3100 as a potential scenario for the market if we do see a recession, bringing the fwd P/E multiple to 14x. I'd be a big buyer down there if it were to happen. https://t.co/vMfnpQsBhJ
Mayhem4Markets ↗