The 3-Month Trend of S&P 500 FY2 EPS Revision Sentiment Stands at -31% most negative since 2008

“More than 20% of S&P 500 market cap has preannounced in 4Q 2022, the highest since 1Q 2020. Similarly, the 3-month trend of S&P 500 FY2 EPS revision sentiment stands at -31%, the most
negative reading outside of the 2008 and 2020 recessions” – GS