This Could Be the Worst Earnings Season Since 2009 Thanks to Financials, Energy

First quarter earnings are set to post their largest quarterly drop since 2009, amid carnage in the financials and energy sectors. 'We're expecting [the quarter] to be a bit of a shocker,' said Josh Mahony, a market analyst with IG Markets in London, adding that consumer discretionary companies should be the bright spot amid a stronger consumer. First quarter earnings season begins on Monday, when Alcoa (AA) - Get Report  reports results after the bell. TheStreet's Scott Gamm reports from Wall Street.