Salient to Investors:

Angus Campbell at Capital Spreads said earnings have come back a little, but that is to be expected given the overall growth environment – it’s natural to see profit taking near highs for the year.

80 of 116 S&P 500 companies have posted earnings that exceeded analyst estimates, 33 missed.

Investors have pulled $440 billion from US equity mutual funds since 2008.

Investment properties reached 27% of home sales, back to bubble levels (graphic).

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