How much COLLUSION was involved to make this happen after the Dec 27 calls to hedgefunds and likely guarantees against losses offered to banks and HF’s by the admin and Fed…for BUYING markets – this is all very 1929ish type behavior!
#SPX | Factset: Analysts still expect an earnings recession with:
*a 3.9% YoY ⬇ for 1Q19 (vs -4.3% prior)
*a 0.5% YoY ⬇ for 2Q19 (vs -0.4% prior)
*a 3.4% YoY ⬆ for 2019 (unchanged from prior week)