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Will Earnings Reports Portend Recession?

The Breakdown

00:00

The S&P 500 Starts Down 0.7% on Monday

The market has started to see cracks with some bellwether stocks reporting both top line and bottom line misses in recent weeks. The dollar is currently on track for a six straight quarterly value increase, which is a huge problem for companies with big overseas revenue. More than 60% of the respondents to a recent sentiment survey said that this earnings season will push the S&P 500 even lower.

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