The latest corporate earnings landscape holds few surprises in a backdrop of currency wars, trade wars, and deteriorating geopolitical situation. Investors are bracing themselves for a 3% drop in S&P 500 earnings in the second quarter (Q2) If that holds then the corporate earnings landscape shows gathering storm clouds on the horizon, bearing in mind …
Party or panic?
Is it time to party or panic? Darren Winters points out that the bubble alert is flashing brightly. “Risk is increasing in technology, especially with high priced stocks,” warned Toni Sacconaghi, AB Bernstein’s senior technology research analyst, in a note this week. That is the bearish view of a growing number of so-called experts who …
Big currency manipulation game
The hottest tweet all year for foreign exchange traders came July 3 when US President Trump tweeted that the US should enter the game, “the big currency manipulation game” and devalue the dollar. “China and Europe playing big currency manipulation game and pumping money into their system in order to compete with the USA. We …
Largest companies since 1999
A brief perusal of the largest companies since 1999 could provide investors with a heads up where the profitable sectors to invest might be in the future. Technology companies briefly dominated the largest companies since 1999 The dotcom mania started in 1999 with companies like Microsoft taking a center stage role. At the peak of …