Earnings Growth Peaks Are Not Typically Soon Followed by Recessions
– Six decades of earnings growth peaks suggests that it took an average of about four years from a profit growth peak before the economy slipped into recession.
– The S&P 500 Index gained an average of 59% during periods between earnings growth peaks and the start of the next recession.
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Source:
LPL Research, Thomson Reuters, FactSet, National Bureau of Economic Research 06/15/18
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