The Implications of Selling Gold Bullion ETF Shares

The consensus right now is for 10.6% year over year S&P 500 earnings growth, which is basically where it was on January 1. That's in stark contrast to economists' forecast for an economic downturn in the second half of the year. Around this time, six months ago, first quarter estimates were holding up better and have come down a lot. I wouldn't be surprised if we have another down quarter in the second quarter.