Cutting To Crisis Forecasts: 2020E S&P 500 EPS 125 Dollars

An economic crisis of uncertain severity: cut S&P 500 2020 end target to 2750. 2020E S&P 500 EPS cut to 125 dollars, from 150 dollars a week ago, 172 dollars a month ago. First and second quarter S&P 500 EPS excluding negatives will be a useful continuing indicator. Stimulus will likely be commensurate with the crisis, but it is never a net positive