Everything You Need To Know About Blue Chip Earnings In One (Ugly) Table
Courtesy of ZeroHedge
With today's exuberance around earnings (notably forgetting the reality of various bellwether fails), we thought it appropriate to get some context on just what the "market stalwarts'" results look like in context.
A third of the companies in the Dow have posted shrinking or flat revenue over the past 12 months, as WSJ notes,
"steady has become stagnant as companies once considered among the market’s most reliable post poor growth, quarter after woeful quarter."