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Q3 was supposed to be the trough. Q4 coming down still 

By: capt_nemo in POPE 5 | Recommend this post (2)
Mon, 18 Nov 19 9:33 AM | 17 view(s)
Boardmark this board | Pope 5 		Msg. 44845 of 62138
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zerohedge
@zerohedge
With 92% of the companies in the S&P 500 reporting, the blended earnings decline for the index for Q3 is -2.3%: Factset.

Meanwhile, Q4 EPS is now also projected to be negative, as the S&P is now knee-deep in an earnings recession

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Eric Basmajian
@EPBResearch
The composite of industrial production, nonfarm payrolls, real personal income, and real personal consumption has slowed to 1.5%. Roughly the same as the trough in 2016.

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Eric Basmajian
@EPBResearch
Everyone will blame GM again for the IP numbers but excluding motor vehicles and parts still shows continued deceleration.

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Eric Basmajian
@EPBResearch
Total retail sales growth decelerated to 3.10% year over year.

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http://www.investmentwatchblog.com/q3-was-supposed-to-be-the-trough-q4-coming-down-still/




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