MON

Buy Syngenta on the Dow/DuPont merger talks

Monsanto’s really ugly earnings today do point to where the problems are in third quarter earnings growth–Surprise! profits aren’t equally bad across the economy

What’s that you say—you didn’t know there is a debate over earnings for the calendar third quarter? Earnings per share for the stocks in the Standard & Poor’s 500 are projected by Wall Street analysts to fall by 6.9% in the quarter. There’s a good possibility, though, that the projected decline in S&P 500 earnings overstates the weakness in the quarter. The index over-weights the energy sector