Wednesday 31 July 2024

So far, global earnings are just good enough to feel disappointing

Earnings have come in about as expected—but after the strong run by world equity markets, ‘about as expected’ seems like a disappointment; higher interest rates that are pinching consumer spending, and underperformance in China’s economy are hitting the bottom lines of U.S. and EU firms

from Business News Today, Latest Finance News | The Hindu

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