Earnings are showing signs of strain and are likely to get worse as economy slows

Earnings for the fourth quarter haven't been as dire as some investors feared, but they are likely to continue to deteriorate. With 143 companies of the S & P 500 reporting, Refinitiv early Friday said the beat rate for earnings per share was 67.8%, slightly above the average 66% pace. Revenues have been beaten forecasts 65% of the time so far, compared to a 62% long-term average. But when it came to the size of the beat, companies this quarter appear to be lagging.

line intel "The earnings for big tech are really important because there's still a huge part of the S & P that's in growth and tech," said Keith Lerner, co-chief investment officer at Truist Advisory Services. "For this market to make headway, you need those stocks to participate." Outside of tech, other sectors are also seeing declines in earnings. Consumer discretionary earnings look to be down 15.6% and materials are down by 20.6%, according to Refinitiv.

And the Fed needs to stop focusing on the unemployment numbers. We loss so many eligible works due to COVID. And there is nothing wrong with the inflation base being at 3 rather than 2. Need to get over the idea of cheap labor.

Capitalism's inevitable running of it's course will be the bloodiest period in American history (already is if u go by gun deaths - but we're still in a picnic compared to what's coming)

We just put up some amazing gdp numbers. Visa and Mastercard both reported excellent quarters as well. The recession is over.

Let’s go Brandon

For 3 quarters every show on CNBC has been predicting ER doom. I'm not making this up lol

Yes, that's it, keep fear-mongering, we're here for it

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