CHART OF THE DAY: Earnings Season Update

Putting that newness in the broader context of Earnings #Slowing Season to-date, here’s your real-time update:

1. 399 of the SP500’s companies have reported aggregate year-over-year (y/y) growth of +1.2%
2. Materials (25 of 27 have reported an aggregate y/y DECLINE of -29.4%)
3. Tech (47 of 67 have reported an aggregate y/y DECLINE of -6.9%)
4. Consumer Discretionary (37 of 61 have reported an aggregate y/y DECLINE of -1.3%)