Weak Stock Market Due To Skewed Analyst Earnings Expectations

<p>"The real question is whether the unemployment rate will go up or down in the Jobs Report. The Hourly Earnings number will match expectations. The bond market has determined that inflation has peaked. The U.S. Dollar is very strong. However, the broad-based equity market is suffering from the fact that earnings expectations of bottom up analysts do not fit with the macro economic environment," says Steven Ricchiuto.</p><p><br></p>