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Diagnosing the Earnings Malaise

Earnings disappointments so far have largely been tied to overseas--not U.S.--weakness, as well as sector-specific issues, says Morningstar's Bob Johnson.

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Jason Stipp: I'm Jason Stipp for Morningstar.

Perceived disappointing earnings reports have given the market fits this week, but digging below the surface reveals some interesting trends.

Jason Stipp does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.