Putting Up Or Selling Off?

Are companies putting up or selling off? The latest quarterly earnings season is now officially half way over with 253 companies on the S&P 500 Index having reported results to date. Considering the importance of this earnings season in determining whether the seeds for sustainable economic growth and market performance are currently being sown, it is worthwhile to examine whether companies are delivering on high hopes or whether all of the excitement about the economic and earnings outlook is headed toward being nothing more than hot air.

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