Earnings recession is nearly certain with 90% of S&P 500 having reported
via MarketWatch: An earnings recession is now nearly certain. With 456 of the 505 S&P 500SPX, -0.66% components, or 90.3%, having reported second-quarter earnings through Friday morning, the blended year-over-year EPS growth estimate is negative 0.72%, with six of the 11 sectors showing declines, according to FactSet. That means the remaining 49 companies have to report EPS … Read more