For this week’s note, I switched up the format and recorded a quick video reviewing two slides on the topic of US earnings growth.
This first slide compares year-over-year earnings growth and price returns for the US, developed international, and emerging markets.
This second slide compares the earnings growth estimates for the US and European markets.
Every financial plan should be built assuming that bad things will happen.
Markets can change quickly, projected earnings can fail to materialize, and stock prices can fall. However, we believe today’s prices are justified and US companies are giving us plenty of reasons to be optimistic.
Model Update
We recently updated our core models. You can check out the updates along with the rationale here.
Upcoming Seminar
If you'd like to attend one of our live events, we’ll be hosting a lunch seminar, "Core Investing Principles for the Long Term," at our office on Tuesday, October 7th, at 11:30.
