“It Won’t Be Pretty” – One Trader Wonders “What Happens When ‘Analysis Be Damned’ Fails?”

The disconnect between hope and reality has never been so wide.
The exuberant-sounding earnings growth (thanks to depression-like base effects) are not showing up in forward-looking expectations for growth…
But, as former fund manager Richard Breslow notes – for now, forget lucky versus smart. What investors want to be is right rather than wrong.

This post was published at Zero Hedge on Aug 8, 2017.