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Did anyone else do a double-take when they read in qcomer’s post that 80% of reporting companies “usually” beat or at least meet expectations?
I’m not saying it’s wrong, and I’m not saying that many US companies have been reporting decent numbers the past 2-3 weeks…
But think about it…how is it that corporates keep “surprising on the upside” much more than half of the time?
Worth thinking about…