- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- S&P 500: Large disconnect between U.S. GDP growth expectations and equities – Westpac
S&P 500: Large disconnect between U.S. GDP growth expectations and equities – Westpac
FXStreet reports that analysts at Westpac Institutional Bank underscore the large disconnect between the U.S. GDP growth expectations and US equities.
“The latest consensus median estimate for Q2 GDP (sourced from Bloomberg) is for a 25% qoq annualised decline, though the tail includes a handful of forecasters expecting an epic 40% to 60% qoq annualised contraction. Consensus expects a ‘muted’ 7.2% increase in Q3 GDP and 5.7% in Q4.”
“With GDP expected to decline at least as much as 2008/09 S&P500 earnings per share could understandably be down anywhere from 40% to 60% on levels a year ago.”
“On the S&P 500 forward PE ratio vs GDP growth metric, the one-year ahead expected PE (currently 14.4) can be expected to be down 4-6 points vs year ago levels. At a minimum, these metrics should cap upside potential for US stocks.”
“It would not be unprecedented going forward if stocks decoupled from less disrupted funding and credit markets. While funding and credit markets were anything but ‘normal’ in early 2009 spreads nevertheless had returned to pre-crisis levels then, thanks to central bank intervention. Yet equities continued to fall.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
