Are Small Caps A Better Bet In The Current Environment?

Are Small Caps A Better Bet In The Current Environment? by Estimize The fourth quarter earnings season, in a word, has been underwhelming. The S&P 500 index reported a decline in profits of 1.8%, with revenues down 3.5%. Those figures make it the worst earnings season since 2009, and firmly put us in a revenue recession, with the last four quarters recording negative sales growth. We also just marked our first down quarter for EPS since the recession, with the next few quarters also predicting negative numbers. Only 55% of companies were able to surpass the Estimize EPS consensus during…