Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
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One of the Top 3 Reasons Why The Russell 2000 has been a bag-holder’s dog since the US Cycle Peaked in Q4 of 2021 has been its Earnings Depression. To be fair, for Q1 2024 to-date, it’s moved out of a depression into a recession! A) 350 of the Russell 2000’s companies have reported an aggregate Q124 year-over-year EPS recession of -17.7% |
