Few people have been more accurate about the recovery than Thomas Lee of JP Morgan. The firm’s Chief Equity Strategist believes we could be on the verge of a series of guidance reductions heading into the upcoming earnings season. Lee says rising oil prices are the culprit and will lead to a more cautious approach by companies as they head into the summer months:
Source: Bloomberg
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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