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This has been a bad sign for stocks historically — when there's a big gap between how companies and the government measure profits

Por: MarketWatch Business January 11, 2023

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And right now, the gap between S&P 500 operating earnings is 25% above what the government is reporting, according to Michael Darda, chief economist and market strategist at MKM Partners. That’s not a good sign. “The record divergence between S&P 500 operating earnings and after-tax [National Income and Product Accounts] profits from the GDP accounts during the year 2000 was a critical harbinger for a broader earnings recession, corporate... + full article



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