Latest note for Bloomberg is on a topic near to my heart: worst case scenarios. We looked at the lowest 2018 analyst earnings estimates for the top 20 S&P stocks (AAPL, GOOG, FB, JNJ, JPM etc). The takeaway: they trade for 20x those most pessimistic numbers. If that’s the worst case for stocks, no wonder they keep rising.
Here’s a link to the full article!