John Goltermann is quoted in a Bloomberg article that details how securities forecasters are showing rare unanimity in predicting what companies will report this earning season.
From the article:
“Nobody has any incentives to make an outlier call because if you’re wrong, your career is over,” John Goltermann, president at Highgate Securities Investments in Colorado, said by phone. “Surprises will be larger and more frequent, and we’ll probably see more market volatility as a result. It makes people a little more on edge.”
Read the full story: Wall Street's Faith in Its Earnings Prescience Near Record High