CHART OF THE DAY: Stocks Always Crash When This Rolls Over. Is This Time Different? Probably Not

02/23/16 07:29AM EST

Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.

"... Unless it’s different this time, US stocks always crash (greater than 20% decline from peak) once corporate profits go negative (on a year-over-year basis) for two consecutive quarters."

CHART OF THE DAY: Stocks Always Crash When This Rolls Over. Is This Time Different? Probably Not - 02.23.16 chart

© 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.