No Bearish Forecasts For 2019

Of 17 S&P 500 estimates by analysts, not a single one was negative.

Axios noted 1 business thing: Wall Street slowly getting less bullish on 2019.

Yep, but not a single bearish forecast. Wells Fargo was the 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.

Expect more revisions, but don't expect any negative forecasts.

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

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