As first quarter results continue to roll out and we near the apex this coming week, the outlook continues to grow to worse and worse. So far, 121 companies within the S&P 500 have reported results, with 81 having topped estimates, while 38 have missed, and just two have met. All of these numbers are significantly worse than their historical averages, with this quarter shaping up to be the worst quarter since the fourth quarter of 2013.
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