The S&P 500 "earnings yield" jumped to 7.49% this week, with the 15% decline in the S&P 500.
Trouble is, the current consensus probably can't be taken seriously.
Coca-Cola (KO) came out Thursday night and said that their guidance in late January-early February 2020 has been completely eradicated with C-virus, with the stock falling 21% this week alone.
Here is what Coke said this morning (as related by Breifing.com)
Coca-Cola does not expect to achieve previously indicated full-year guidance ($41.83)
"As COVID-19 continues to spread and significantly impact various markets around the world, including the