| at nine point eight percent cpi at seven | 3.92 | Jump to 27.279 | 
                      
                        
                      
                        PERCENT
                      
                      
                        nine point eight percent
                      
                     |  | 
              
                
                  | disagree the market was up 27 last year | 5.521 | Jump to 50.079 |  |  | 
              
                
                  | that's the s p the nasdaq was up 21 | 4.961 | Jump to 52.879 |  |  | 
              
                
                  | there who think that in the next three | 3.6 | Jump to 138.4 |  |  | 
              
                
                  | or four months we could see some decline | 3.68 | Jump to 139.76 |  |  | 
              
                
                  | spent an extra trillion dollars in this | 4.879 | Jump to 148.72 |  |  | 
              
                
                  | in three rate hikes and talked about uh | 5.44 | Jump to 165.84 |  |  | 
              
                
                  | are facing two headwinds one is multiple | 4.241 | Jump to 193.599 |  |  | 
              
                
                  | compression and the second is some | 3.839 | Jump to 195.76 |  |  | 
              
                
                  | been going down it's now below 20 it was | 5.201 | Jump to 208.239 |  |  | 
              
                
                  | number two earnings headwinds are out | 4.479 | Jump to 221.76 |  |  | 
              
                
                  | there 2022 earnings are gonna be not bad | 4.64 | Jump to 223.599 |  |  | 
              
                
                  | up eight percent but that's closer in | 3.761 | Jump to 226.239 |  |  | 
              
                
                  | line to the historic norm of six to | 5.441 | Jump to 228.239 |  |  | 
              
                
                  | eight percent way down from 47 in 2021 | 6.0 | Jump to 230.0 |  |  | 
              
                
                  | for example for the first quarter | 4.079 | Jump to 240.08 |  |  | 
              
                
                  | seven percent now just a few weeks ago | 4.64 | Jump to 244.159 | 
                      
                        
                      
                        DATE
                      
                      
                        just a few weeks ago
                      
                     |  | 
              
                
                  | they were closer to the eight percent | 4.239 | Jump to 246.72 | 
                      
                        
                      
                        PERCENT
                      
                      
                        the eight percent
                      
                     |  | 
              
                
                  | look at the number here 65 companies | 3.439 | Jump to 279.04 |  |  | 
              
                
                  | reporting eighty percent are beating | 3.84 | Jump to 280.639 |  |  | 
              
                
                  | beat is only eight and a half percent | 3.681 | Jump to 284.479 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        only eight and a
                      
                     |  | 
              
                
                  | 2009 in 2010 when they started pumping | 4.799 | Jump to 306.24 |  |  | 
              
                
                  | think we've only had about 10 percent of | 4.08 | Jump to 332.08 |  |  | 
              
                
                  | the s p 500 companies report earnings | 4.159 | Jump to 333.6 |  |  | 
              
                
                  | you're going to see 11 or 12 earnings | 3.759 | Jump to 385.28 |  |  | 
              
                
                  | substantially but those two sectors so | 4.72 | Jump to 391.919 |  |  |