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The Earnings Slump Is Not Ending

|Includes: AAPL, BA, Caterpillar Inc. (CAT), IBM

Fed policy is easier to predict when you take an objective look at past statements. I did that in the article below.

I also wrote about how Q3 earnings may increase slightly, but it doesn't mean the slump in earnings is over.

Disclosure: I am/we are short CAT.