Investors: Prepare For A Bumpy Earnings Season

zhenyu

Wednesday Apr 8th by Admin


By: David Sterman of Street Authority The chickens are coming home to roost. After a remarkable eight-month rally in the dollar, many U.S. firms are finally feeling the pinch. In the near-term, investors need to brace for a cautious earnings season. Yet, as I'll explain in a moment, there are still ample reasons for long-term optimism, especially when the dollar loses momentum and/or the global economy starts to rebound in earnest.