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SPX reporting a (Y/Y) decline in earnings of -4.7% for Q3

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Labor shortage resulting in increasing labor share.. general sales prices for now remaining mostly stable...$SPX is reporting a (Y/Y) decline in earnings of -4.7% for Q3 2019, which would mark the 3rd straight quarter of (Y/Y) earnings declines for the index. https://t.co/4CyajAfhmR pic.twitter.com/UIRc9jPQDW— FactSet (@FactSet) October 19, 2019

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Labor shortage resulting in increasing labor share.. general sales prices for now remaining mostly stable...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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