The first-quarter earnings season is about to get underway. And while it is certain that a vast majority of companies will beat consensus analyst expectations once again this quarter, investors are best served to look past the headlines. For once again, the latest quarterly earnings season could be ugly. And another round of poor earnings, coupled with a stock market that is determined to climb higher is a recipe for ever-increasing downside risk as we progress toward the middle of the year.
Please click on the link to read more of my article on Seeking Alpha.