Earnings look weak now, but here's why you should play the long game - News Summed Up

Earnings look weak now, but here's why you should play the long game


New York (CNN Business) The global economy is slowing, but the US dollar is gaining strength. And that could be bad news for the giant companies in the Dow and S&P 500 that generate more of their sales overseas than in America. The good news: Investors might have already priced in that problem late last year, when the markets plummeted. Apple AAPL Caterpillar CAT Intel INTC McDonald's MCD Multinationals likeandare expected to do much worse than S&P 500 companies with less international exposure when they start reporting first quarter results next month. There are plenty of factors: Trade tension between the United States and China is one problem, as is China's economic slowdown.


Source: CNN March 11, 2019 17:48 UTC



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