XJO - Bear Posts only (Factors which might cause the markets to fall), page-22505

Here is a interesting chart from the latest Factset S&P500 earnings insight (See here.). It covers 10 years of data and indicates how many times the word "recession" has occurred in the S&P500 earnings reports.

As you can see it has just spiked up and whenever it does this the market tanks (see middle chart). The bottom chart is even more interesting. It shows that the sectors who are talking most about "the recession" in their Q1 report are the banks and the industrials - who are on the front line and would know better than anyone what is really going on.