[1]Presented with little comment except to note that Bloomberg's Chart-of-the-Day [3] highlights specifically what we have been discussing for weeks as in this earnings season, only 47% of companies in the S&P 500 have so far exceeded analyst expectations - the lowest since before the credit crisis. S&P 1300 FTW.
[4]
Chart: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/8019
[3] http://www.bloomberg.com/news/2012-01-18/s-p-500-profit-season-has-worst-start-in-years-chart-of-the-day.html
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2012/01/2012018_BBG1.png