Liz Thomas: S&P 500 gains 14% year-to-date driven by forward EPS growth

Liz Thomas: S&P 500 gains 14% year-to-date driven by forward EPS growth
S&P 500 up 14%, EPS drives growth

The S&P 500 has risen 14% year-to-date, with gains driven by a 31% increase in forward earnings per share while forward price-to-earnings has acted as a 17% drag. Liz Thomas added that this performance has quieted discussions about a market bubble for now, although she did not rule out its possibility.

Thomas previously discussed how artificial intelligence is rapidly transforming cybersecurity and affecting investment trends in a recent article. She has also observed that dollar positions remain bullish, but USD strength lags past peaks and the DXY could fall to 96 on a shift in sentiment, according to her analysis of currency markets. These views provide context for her observations on the current performance of the S&P 500.

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