Cognitive Dissonance: Sell-Side Stock Analyst “Expectations” Edition

How many more quarters of this Einsteinian insanity will it take for investors to realize the sell-side analysts’ “forecasts” are worse than useless…?

 

The last six quarters have on average seen analyst forecasts for growth slide from 4% of hope-driven exuberance to a dead flatline reality… quarter-after-quarter…

 

(h/t @Not_Jim_Cramer)


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/cm6z8ja6-lY/story01.htm Tyler Durden

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