Down Goes Q3!

The latest quarterly earnings results for more than 91% of companies in the S&P 500 Index have now been officially reported.  And the numbers are starting to look downright ugly.  For what was supposed to be a quarter that would mark a turning point in the prolonged annual earnings decline dating back to mid 2014 has turned out to be another corporate bloodletting.  The bulls may believe they are investing today for an improvement in earnings in the future, but unfortunately the data is telling an entirely different story with each passing week.

Please click on the link to read more of my article on Seeking Alpha.

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