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Fundstrat Global Advisors: S&P 500 Earnings Update

Global Risk Rally, Crypto Gains - Tom Lee, Fundstrat Global Advisors

The S&P 500 4Q19 Sales and Earnings Update shows that 144 companies are reporting this week. Of the 167 that have already reported, comprising 33% of the S&P 500, 73% are beating earnings estimates by a median of 5%. Note that 66% of these firms are beating earnings by an average of 3%.

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