At 70%, the US dollar’s strength is far and away the biggest determinant in earnings blips in an admittedly small sample size so far.
From FactSet, here is a graphic compiling data from the initial earnings reports from S&P 500 companies so far for Q1. At 70%, the US dollar’s strength is far and away the biggest determinant in earnings blips in an admittedly small sample size so far.
What factors will S&P 500 companies cite as negative impacts on Q1 Earnings and Sales?
This is exactly as forecast in NFTRH back in Q4, 2014.
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