These companies are Expedia Group Inc. EXPE, IDEXX Laboratories Inc. IDXX, Tradeweb Markets Inc. TW, SolarEdge Technologies Inc. SEDG and Sanofi SNY. Less-than-expected inflation rates in October, November and December with respect to several measures and an unexpected drop in wage rate in December and November have clearly indicated this. Our current projection shows that for fourth-quarter 2022, total earnings of the S&P 500 Index as a whole are expected to decline 6.9% year over year on 4.3% higher revenues.