2020 #SPX EPS growth estimates from @FactSet vs. 2019:

Q1: -15.4%
Q2: -43.4%
Q3: -24.3%
Q4: -12.6%

2020 EPS growth est. -21.4% vs. 2019.
2021 EPS growth est. +28.7% vs. 2020. 

This suggests EPS growth up +1.1% 2021 vs. 2019. Fundamental support for #stocks is not strong.