NEW YORK ( ETF Expert) -- It would be easy to blame the S&P 500's 50-point intra-day pullback from a September peak on quarterly corporate numbers alone. After all, roughly one-quarter of companies have reported and a mere 60% surpassed earnings expectations -- a "beat rate" that is lower than at any other point since the bull market began in early 2009.Even more disconcerting? Only 40% of firms have exceeded revenue targets, demonstrating that the slowdown in sales is widespread.
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