Peak Earnings Versus Stock Peaks

October 18, 2010 1:00pm by Barry Ritholtz

Goldman Sach’s David Kostin created this chart comparing earnings peaks with market action.

In addition to showing how overpriced the market was in 1999/2000, it suggests an SPX peak relative to current ( estimate of a near term peak) his earnings:

click for bigger chart

Goldman Sachs chart via ZeroHedge

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