@EarningsScout He means dislocation between earnings revisions (-ve) &amp; equity market (+ve momentum). $SPX 1Q EPS so far -17% y/y (-5% than lowered BBG consensus) and big hit supposedly in 2Q. Analyst bottom-up sales forecasts akin to #Fed taper NOT #GFC. Dislocation.
https://t.co/IrFgAy24gR