The “Facts Not Feelings” Opportunity
Hey, it’s Ross Givens here with the Chart of the Day. Yesterday, I showed how most second-quarter earnings are still beating estimates. Today’s chart reveals that analysts have only trimmed their Q3 earnings estimates by an average of 1.8%—right in line with the past decade. This reinforces what I’ve been saying: recession fears are overblown.
August 9, 2024
No Comments
