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STAT OF THE DAY: COULD THE ANALYSTS BE MORE WRONG?

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I thought this was going to be a very strong earnings season, but it is even surpassing my lofty expectations.  From Thomson Reuters:

Roughly 15% of the S&P 500 has reported earnings thus far.  Of those companies 84% have outperformed expectations.  The percentage of companies that have missed estimates thus far?   9%.

Truly amazing.  Could the analysts be more wrong?

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