Ghost of Igloi wrote:
EPS has peaked this cycle.
EPS *growth* has peaked in this cycle, but not EPS.
Earnings Growth: For Q4 2018, the estimated earnings growth rate for the S&P 500 is 11.4%. If 11.4% is the actual growth rate for the quarter, it will mark the fifth straight quarter of double-digit earnings growth for the index.
The miracle of non-GAAP accounting. Good luck with $170/share 2019 forecast.