Markets are loud. Every day there’s a new headline competing for your attention.

That’s why I prefer charts as my communication tool.

I can show you, instead of tell you, what is happening in markets.

Today, I’m showing you a chart with three lines:

  • S&P 500 Forward 12M Earnings Estimates

  • S&P 500 Forward 24M Earnings Estimates

  • S&P 500 Forward 36M Earnings Estimates

All three hit new all-time-highs yesterday.

In my previous post, I showed you that Q2 earnings are nearly quadrupling preseason estimates.

I also ran a poll and asked “Will the S&P 500 Beat or Miss its Q3 2025 +6.58% YoY Earnings Growth Estimate?”

I will update you with the results of that poll in my next post as the results continue to come in.

That’s all for today. Have a fantastic day and thank you, as always, for reading!

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