Markets Appear to Hold Steady as Q3 Earnings are Released

Earnings are the main focus currently among those not preoccupied with the election, and those trying desperately not to be. We are a little more than one-fifth through reporting season and so far the results are better than expected, as usual. Factset now reports that a decline of just 0.3 percent is projected for the third quarter when all is said and done, but that is down from -2.0 percent when the quarter ended, as a higher than usual percentage of companies have exceeded expectations.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s