S&P 500 and sectors: beware the GAAP gap in S&P 500 earnings

S&P 500 and sectors: beware the GAAP gap in S&P 500 earnings

CHICAGO – MARCH 18: Traders signal bids in the Standard & Poors 500 stock index futures pit at … [+] the CME Group on March 18, 2009 in Chicago, Illinois. The index rallied after the Federal Reserve announced it would buy $300 billion in long-term Treasury bonds to help stimulate the economy. (Photo by Scott Olson/Getty Images)
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GAAP earnings remain grossly overstated despite year-over-year (YoY) increase in core earnings[1] for the eleven sectors over the last twelve months (TTM) that ended in 1Q22, just as they did in 2021.

This report is an abbreviated version of S&P […]

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