also reporting. >>> michael perves, chief global strategist at weeden & co joins us now.or sticking with us here. in terms of the earnings season so far, of the 20% of the s&p 500 companies that have reported so far, some 65% have beaten earnings expectations. but in terms of revenues, it's looking a lot weaker. only 51%. does that dishearten you? >> well, i think some of this can be expected. you know, if you look at as we're getting further into the earnings season and it's the large multinational corporations that really drive sort of overall market sentiment here, one of the concerns that i have is that we're dealing here in the united states with a generally stronger dollar than we've seen. and as you think about multinationals, for example, mcdonald's, you've seen over the last ten years a generally declining dollar relative to the euro or the yen or many other currencies. and that's been very helpful for companies like mcdonald's. the combination has been very helpful to these types of companies for some time. this may be changing if we get into a generally stronge