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Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (Index: SPX) at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter's earnings.
The latest forecast for S&P 500 earnings through the end of 2020 suggests a slightly deeper earnings recession than the forecast from the Spring 2020 snapshot, showing the continuing drag from the Coronavirus Recession. At the same time, S&P continues to optimistically project a robust recovery for earnings in 2021.