No Bearish Forecasts for 2019
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.
Expect more revisions, but don't expect any negative forecasts.
I will take the under: -10.0% to be more precise.
Mike "Mish" Shedlock