Ex Amazon, S&P 500 Reporting 10% Earnings Growth

FactSet Senior Earnings Analyst John Butters provides an update of the key metrics for the first quarter earnings season for the S&P 500, as we're in the middle of the peak weeks of the earnings season. He then discusses the factors contributing to the lower earnings growth rate being reported by the S&P 500 for the first quarter relative to recent quarters. How much are some of the recent high-profile earnings misses contributing to lower growth?