Even as Wall Street economists slash their 2H GDP forecasts, the earnings forecasts of equity...

|By:, SA News Editor

Even as Wall Street economists slash their 2H GDP forecasts, the earnings forecasts of equity analysts remain quite optimistic: Q3 and Q4 EPS growth estimates for S&P 500 companies are still north of 15%. This suggests September could be a "make-or-break month" for equities, as investors decide whether to accept these estimates in the face of new data.