The bar is high for S&P 500 earnings, but these as-yet-unrewarded sectors
are where real surprises could be hiding
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Expectations for S&P 500 companies that will begin reporting next week are
flying pretty high, but only for a select few, notes HSBC.
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In order to make up for the loss, Romney would have to eliminate 65 percent of all loopholes in the tax system to make up for those tax cuts, the non-partisan Tax Policy Center has said.
Cutting the ten largest tax breaks - which include popular deductions for mortgage interest payments and employer contributions for health insurance - could achieve that amount of lost revenue, the Congressional Research Service has said.
(Reporting by Mark Felsenthal and Lucy Shackelford; Editing by Fred Barbash and Jim Loney)
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