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The market is telegraphing that 2019 earnings growth will not be as strong as anticipated

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Instead of 10 percent earnings growth, the market seems to be anticipating earnings growth of roughly half that.

 

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2019 will be fine. No big message here, except a machine-led Oct head-fake. You do know machines are running the activity, right? Get your buy list ready.

Ya think?

Wrong! The market is pricing in a Democratic House, subpoena power, and the total end of all of Trumps agenda. All the other stuff is side noise.

C’est certain

The market is telegraphing that you’re a fucking mess

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