Just to put things into perspective: Strong early 3Q earnings results have bolstered the S&P 500

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Just to put things into perspective: Strong early 3Q earnings results have bolstered the S&P 500 rally. BUT Misses are being penalised the most in 5yrs, while beats are not being particularly rewarded. (Chart via JPM) h/t Holger Zschaepitz

Just to put things into perspective: Strong early 3Q earnings results have bolstered the S&P 500

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