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January 10, 2019 | No Bearish Forecasts for 2019

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Of 17 S&P 500 estimates by analysts, not a single one was negative.

Yep, but not a single bearish forecast. Wells Fargo was lowest at 6.3%. Only 4 analysts expected lower than 10%.

JP Morgan, Canaccord, UBS, and Deutsche Bank topped the list at 23.7%, 27.6%, 27.6%, and 29.6% respectively.

I will take the under: -10.0% to be more precise.

Mike “Mish” Shedlock

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January 10th, 2019

Posted In: Mish Talk

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