Market Overview

TJM Investments' Timothy Anderson: The Story Of Lower Earnings Guidance Is 'Not Getting A Lot Of Attention Yet'


The following is a note from TJM Investments' Timothy Anderson.

The story of lower earnings guidance is starting to take hold quicker than many have expected, and it’s not getting a lot of attention yet.

This morning's recap discussed the likelihood of Big Global CIOs shifting some equity allocations from US to Europe:

In the US we've just finished 3 rounds of QE over the last 5 to 6 years. GDP growth hit what will likely be a high water mark of +5 percent in 3Q 2014 and although estimates are for +3 percent to +4 percent for 2015, earnings estimates for 2015 are being reduced a bit from where they were 3 to 6 months ago.

It would not be surprising to see some equity funds flows from US markets to the Eurozone as their stimulus initiatives take hold.



This e-mail and any attachments thereto is intended only for use by the addressee(s) named herein and may contain legally privileged and/or confidential information. If you are not the intended recipient of this e-mail, you are hereby notified that any dissemination, distribution or copying of this e-mail, and any attachments thereto, is strictly prohibited. If you have received this e-mail in error, please immediately notify me and permanently delete the original and any copy of any e-mail and any printout thereof. E-mail transmission cannot be guaranteed to be secure or error-free. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. In accordance with SEC Rule 17a-4 and NASD Rule 3010; Emails sent to and from this address may be recorded and are subject to archival, monitoring, review and retrieval by the TJM Compliance Department. TJM and/or its affiliates are a member of FINRA, CBOE, NFA, SEC, and SIPC. TJM's main office is located at 318 W. Adams 9th Floor, Chicago, IL 60606. For more information about TJM, please contact (312)-432-5100 or fax (312)-432-4499.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Markets Trading Ideas


Related Articles

View Comments and Join the Discussion!