Estimate Revisions Weak Once Again – The Pattern Continues – Pretty Bizarre:
This pattern of negative revisions continues to persist in the first quarter of the past few years, despite the fact that this year, the S&P 500 was up 1.5% – 2% in January '17, led by Basic Materials and Technology. Last year in Q1 '16, commodity prices were plummeting, and high-yield spreads were widening, and so it made sense that positive revisions were less than negative revisions.
Have you tried: Travelling to South Africa?