As US corporations continue to report better than expected earnings for Q3, it’s hard not to be upbeat and positive on the outlook for the stock market. Honeywell, Amazon, Kia Motors, and Microsoft all beat expectations as 77% of companies in the MSCI World group have exceeded projections. The reasons for this outperformance are multifactoral from extreme cost cutting via job losses to an improved revenue stream. On CNBC’s Earnings Central page, 15 out of 17 companies reporting in the last 24 hours beat expectations.

Money appears to keep flowing back into equities and the rally continues to extend. However, … …READ MORE