So Far…..Better…but…Meh!….Earnings season proper arrives…..so has the future…..and ‘Pricing’…Fat Maintenance Capex is killing Healthcare.

So far…..and these are the Factset Numbers…..Q2 has been pretty good. 12% of the SPX have reported…….Earnings beats are 83% against the 78% 5 year average and Sales are 83% against a 5 year average of 70%. But…..so far the general take away is that better earnings are not getting bought……NFLX being the poster child...

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