Flashing Red Warning: Q1 Earnings Growth Plunges To Lowest Since 2012

While the so-called "experts" were adamant in repeating that one must ignore all Q1 economic data (because of harsh weather you know), one thing the same "experts" pounded the table on was the earnings growth in 2014 which confirmed that the Fed was correct in tapering and that the corporate sector was well on its way to achieving "escape velocity" and a stable recovery. And then this happened...


Oh, and this too.

h/t @Not_Jim_Cramer