S&P Earnings Expectations Tumble 15 Days In A Row – Longest Streak Since Financial Crisis

While stocks surge ingloriously on the back of a credibility-less Fed (and hope that PBOC, ECB, BoJ will unleash QE-moar)…

 

S&P 500 forward earnings expectations are down 15 days in a row – that is the longest losing streak since the financial crisis. In fact, S&P 500 earnings expectations are down over 2% year-over-year. 

 

The last time earnings growth expectation swung from positive to this negative was August 2008… and we know what happened next…

 

Charts: Bloomberg

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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