- Home
- >
- Daily Accents
- >
- Two phrases kill American optimism
Two phrases kill American optimism
Rating:
Loading...US companies are far from optimism that next year will see them get a break from the difficult economic and market conditions faced in 2015. And it may hurt capital investment and job growth.
During the first three weeks of October, 165 American companies have indicated a slowing global economy and their prospects for earnings and revenue. This is an increase of 108 over the same period last year, according to an analysis of earnings reports from Thomson Reuters.
Among the phrases that have appeared in many of these claims are "the challenge of macroeconomic environment" or "global headwinds."
Earnings and revenues were depressed this year, largely due to the strong dollar, economic weakness in China and Brazil, and tumbling oil prices and raw materials.
Weakness in the big emerging markets affected sales by American multinationals. The decline in the prices of energy, metals and minerals not only struck oil producers and miners, but companies in manufacturing and services they sell to them.
E.Dimitrov JrTrader
Varchev Traders If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
