Earnings season gets under way this week, and so far we’ve seen less "earnings beats" than in prior quarters since the 2003 lows.
With just 11% of S&P 500 companies reporting, 62% have beaten estimates, while 19% have missed estimates. Analysts have been overly optimistic compared to past quarters.
Chart courtesy of Birinyi Associates
One of my favorite Jazz musicians to chill out to after a harried week (like this one) is Dave Brubeck. Its perfect music to just kick back and relax. Even if you don’t know Brubeck, you probably know of him via the song Take Five. It was on the album Time Out, the first million…Read More