The 2025 inflation rate is 2.73% and trending downwards. The 2024 annual rate was 2.96%.
Seven of the eleven sectors are reporting (or are projected to report) year-over-year growth, led by the Health Care, Information Technology, and Utilities sectors. On the other hand, four sectors are reporting (or are predicted to report) a year-over-year decline in earnings, led by the Energy, Materials, and Consumer Staples sectors.
In terms of revenues, 61% of S&P 500 companies have reported actual revenues above estimates, which is below the 5-year average of 69% and below the 10-year average of 64%. In aggregate, companies are reporting revenues that are 0.5% above the estimates, which is below the 5-year average of 2.1% and below the 10-year average of 1.4%. Again, historical averages reflect actual results from all 500 companies, not the actual results from the percentage of companies that have reported through this point in time.
Not what MSNBC told you? Just imagine how much better things would have been without the hysteria, largely created by the media. The market doesn’t like uncertainty, and that is one of the drivers of the market downturn, but I’m not sure how that could be avoided if big changes were to be made. Nobody knows the end result, but the media has scared uninformed people into belieiving the sky is falling. Unfortunately, they can actually cause the sky to fall with their fear mongering. Consumer confidence is down largely from just that. Many actually believe things they have been told are happening that aren’t actually happening.
Wait until deregulation, tax cuts and these tariff talks are largely settled. The economy and the markets will flourish. Don’t say I didn’t tell you.
Now, you tell me why you believe things are so bad. What makes you think that anything other than uncertainly (inspired by the media) has caused the market downturn. Any actual data to back that up?