Good news: Earnings growth is slowing

Mark Hulbert of MarketWatch in his weekly column, highlights some very interesting analysis courtesy of Ned Davis Research.  Almost everyone has heard or seen the slow down in growth over the past few quarters both in the top and bottom lines of company's P&L statements.

The data from Ned Davis points to the out performance of the market when growth rates are low rather than high.  As people run for the doors, contrarians look to step in to buy the market.  Also notable according to the article, growth stocks do better than value stocks as investors continue to seek companies that can grow revenue and profits.

Here is the full MartketWatch article.