Against the odds comes in two forms: a column, on merit when warranted, and a monthly excel calculator (see below our previous coverage), which is updated each month. It challenges common sell-side wisdom in financial markets that the future often has better events in store than the past. The vast majority of consensus estimates from analysts, often modelled against a company’s guidance, are a case in point.
In a typical bearish fashion, …
The post Against the odds: Warning signs – the storm is gathering but the tide is still lifting all boats appeared first on The Loadstar.
Source: The Loadstar