and their earnings have not even come close to going back to pre-covid levels One the only companies in the Dow that I could say that outside of Boeing But yeah, they're beating cuz estimates have been lowered now Let's put that in perspective that five point four percent in August because that's just a it's a percentage It sounds like it's small. Is it big? I don't know Gotta put things in perspective if you go back ten years the average decline in earnings per share over the first two months of any Quarter, this is fact set for you great research Have been two point seven percent. This is double that That's a massive revision massive it shows you that earnings are coming down significantly So revisions are more than double the average and I got news for you They're gonna come down even more So my companies are seeing this if you strip out earnings and you look at the rest of earnings for the rest of SP 500 those sectors They're coming down when you see earnings coming down year over (14/35)