CHART OF THE DAY: Classic Wall Street Back-End Loading

06/15/15 08:15AM EDT

Editor's Note: This is a chart and excerpt from today's morning note written by Hedgeye CEO Keith McCullough. Click here to learn more and how you can become a subscriber.

...As you can see in the Chart of the Day, after the Old Wall and its media got blindsided by the Q1 earnings season (smoked in January) it proceeded to cut earnings estimates for the 1st half of 2015. In the 2nd half (and 2016) it’s right back to rainbows and puppy dogs.

CHART OF THE DAY: Classic Wall Street Back-End Loading - Chart of the Day

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.