Global earnings revisions

Troy Bombardia

2020-04-24

Global Earnings Revisions near the lowest ever - analysts are pricing the end of the world for the second time in 20 years.

Global earnings revisions are still extremely low, according to the Citigroup Global Earnings Revision Index. The only other historical case over the past 20 years when analysts were this negative was in late-2008.

This is now the 6th consecutive week with the Global Earnings Revision Index under -0.6. The only comparable historical case was in November 2008, when stocks fell -27.3% over the next 4 months before reaching a long term bottom:

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