November 19, 2019. By Mark Barry:
The macro picture has become more supportive for US equity markets in recent weeks. Economic data is suggesting continued growth, monetary policy is becoming more accommodative, and rhetoric from the US and China indicates a possible détente in their ongoing trade dispute. All of these are important risk factors for the equity markets, and as such have dominated headlines in the business press (along with a heavy dose of political drama emanating from Washington as the 2020 election cycle heats up). However, these headlines have overshadowed what is shaping up to be a relatively respectable Q3 earnings season. With underlying corporate earnings being arguably the most important driver of stock market performance, we wanted to provide a brief update on where things stand and the key takeaways from earnings and management commentary:
An immense amount of news bombards investors daily oftentimes making it difficult to sift through important information. That said, we hope you find the full review linked above a concise and clarifying summary. Our team is always available to discuss the investment landscape in depth, and please do not hesitate to contact us with any questions.