More on the global economic slowdown and the drop in corporate earnings

I want to tie a few threads together regarding the synchronised global slowdown and the related drop in corporate earnings. US firms had been insulated on earnings due to not increasing staff and the global nature of their profiles. With economies now slowing globally and the US dollar rising, that spells bad things for earnings. I can't see stocks performing well in a recession with that backdrop.

The first thing to note, however, is that a drop in earnings does not necessarily imply a drop ...


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