13 factors driving equity bulls and bears
Bullish: Earnings outlook
The consensus of analysts' forecasts for S&P 500 calendar-year earnings per share growth is 5.2% for 2012 and 9.8% for 2013, according to Thomson Reuters.
Source: Morgan Stanley Smith Barney Investment Strategy, Morgan Stanley & Co. LLC Research, Citi Research, ECRI, and Bloomberg. Note: Unless otherwise indicated, data are as of Feb. 15.