NEW YORK (
ETF Expert) -- Recently, I talked about reducing risk by
Today, with a meager 37% of corporations surpassing expected sales targets, investors appear nervous about the possibility that companies will lose their footing on "Revenue Mountain."
Disappointing earnings reports, year-over-year revenue declines and uninspiring growth projections are not the only reasons for the selling pressure, however. President Obama appeared to be a lock in September. Now, many wonder about the prospect of county-by-county recounts in Ohio during the first few weeks of November.
And that's not all.Spain's borrowing costs jumped back into fretful territory as ratings agencies once again discussed downgrades. Speculation about Chairman Ben Bernanke exiting the Federal Reserve regardless of who wins the presidency made the rounds. Most importantly, there has been precious little evidence that fiscal cliff fears will be resolved in a bipartisan, "cool heads will prevail" manner. Interestingly enough, though, the
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