Bubbles and Skepticism Split By Earnings and Sales

By |2014-06-05T11:29:59-04:00June 5th, 2014|Bonds, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Nearly all (97.5%) of the S&P 500 companies have reported for the first quarter. EPS for the index companies stumbled rather spectacularly, though weather is being blamed for nearly all of it. Back on January 23, index EPS in Q1 was expected at around $29.40 (as reported). As of the latest update, EPS is only at $24.79, a 15% miss [...]