The number of companies in the S&P 500 reporting positive earnings surprises for the third quarter is running below average over the past five- and 10-year time frames. Data from FactSet shows the companies that comprise the index are reporting their lowest earnings growth since the third quarter of 2020. 

It's made it a scary time to invest. Meta has plummeted 73%, Amazon is down 45% year to date, and Tesla is off 41%. The popular index itself is down 20%, which puts it in bear market territory.

Image source: Getty Images.

Continue reading

Source Fool.com