Editor's Note: Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough. Click here to learn more.
How about the real-time ROC (rate of change) on Q418 US Earnings Season?
But no worries, with 3 of the 10 SP500 Sectors already showing NEGATIVE year-over-year earnings growth, this must “all be priced in” without having had to lap the toughest compares since Q3 of 2000 (+23%) six-to-nine months from now. |