Via Bespoke. If you look at the six earnings quarters you’ll start to see the stair step decline down, which can’t be good for the markets.
More than 1,800 companies have already reported their quarterly numbers this season, and with so few companies left to report, it’s going to be hard to bring the overall “beat rate” reading up. If earnings season were to end today, it would have the lowest “beat rate” of any quarter during the current bull market.
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