View from the Observation Deck  

1. Today's blog post is one we do ongoing so that investors can monitor changes in the expected revenue growth of the companies that comprise the S&P 500 Index.
2. The S&P 500 closed the trading session on 11/9/15 at 2078.58. It stood 2.45% below its all-time high of 2130.82 (5/21/15), according to Bloomberg.
3. While there have been some significant downward adjustments to 2015 revenue projections since 2/6/15 (excluding Health Care), the projections for 2016 indicate that a rebound in revenue growth is anticipated.   
4. As indicated in the chart, the estimated revenue growth rate for the S&P 500 for 2015 was -0.4%, as of 11/6/15. When you exclude Energy, however, the rate jumps to 3.3%, according to Bloomberg.
5. Goldman Sachs reported that it believes there is a 60% chance the current U.S. economic expansion, which is at 76 months (6.33 years) and counting, could reach the 10-year mark, according to Bloomberg.

This chart is for illustrative purposes only and not indicative of any actual investment. There can be no assurance that any of the projections cited will occur. The illustration excludes the effects of taxes and brokerage commissions or other expenses incurred when investing. Investors cannot invest directly in an index. The S&P 500 Index is a capitalization-weighted index comprised of 500 stocks used to measure large-cap U.S. stock market performance, while the 10 major S&P 500 Sector Indices are capitalization-weighted and comprised of S&P 500 constituents representing a specific sector.

To Download a PDF of this post, please click here.