Maybe I misunderstood you TJ--This post gives the impression you think the fundamentals are good (rather than not that bad or only some are terrible) ---Granted stock prices have been pretty bad so even not so good fundamentals might look ok.--but if you think the fundamentals of the US economy are good ,then I would disagree,even though its not a recession at this stage.
Is this recent enough for you?
http://www.marketwatch.com/story/ear...ry_latest_news
Note....--The energy sector is looking worst, but all 10 S&P 500 sectors are facing lower expected earnings-growth rates for the first quarter than at the end of September