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Aug 27 2020

Pandemic Profitability?

  • Aug 27, 2020

The COVID-19 pandemic caused the greatest quarterly and year-over-year real GDP contractions of the post-war era, and corporate earnings should have been devastated. But, as shown in Chart 1, by historic standards, S&P 500 earnings per share (EPS) suffered only a relatively small decline. 

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About The Author

James Paulsen / Chief Investment Strategist