S&P 500 earnings (growth)
The Stock Market currently has some Corporate Profit tailwind. Since 1960, profits [...] have fluctuated around a long-term uptrend line growing at a 7% compounded annual rate. S&P 500 earnings tend to fluctuate between...
...long-term growth uptrend lines of 5% and 7%. As long as the economy continues to grow, forward earnings could continue to provide a good tailwind for the stock market. S&P 500 forward earnings tend to be a good leading indicator of actual operating earnings over the coming year when the economy is growing.