The Genetic Revolution and “Hacking Darwin” with Jamie Metzl
Technology futurist and geopolitical expert, Jamie Metzl discusses the genetic revolution that will transform healthcare, the way we make babies, and our evolution as a species.
Where have all the (S&P 500) earnings gone?
In the short term, many factors can influence the direction of stock prices. We discussed central planners impacting the markets just last week. However over the long term, it's earnings that drive stock prices higher or lower. This is a simple concept to understand. If a company loses money year after year, it will struggle to stay in business. Not many people will choose to invest in a losing operation so the stock price will go down. On the other hand, if a company delivers consistent high levels of growth, it will attract many investors driving the stock price higher. This concept can also be applied to the broad market indices like the S&P 500. Therefore it makes sense to look at S&P 500 earnings estimates.