All Eyes Focusing On Earnings As Trade War Kicks Off, Hawks To Hone In On Outlooks/Guidance

Investors will be watching Europe’s exporters like hawks this earnings season, picking over results for signs that escalating protectionism worldwide has started to dent companies’ investment plans and outlook...

...The full impact of any new trade tariffs should only show up in earnings later this year, but companies could begin to change their outlook accordingly - and this is where investors’ eyes will be trained.

“The earnings season will be somewhat in the shadow of trade war. Equity markets are dominated by the outlook and we know the outlook is clouded by the trade issue,” said Peter Garnry, head of equity strategy at Saxo Bank in Copenhagen...
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TomM - 7/12/2018 12:17:26 PM

+1 Boost

German Cars already sell for less here in the USA than they do in Germany (WHere a 20% VAT tax is added that we do not pay here). That puts brands from outside Germany at a disadvantage - so leveling the playing field is something long overdue

rlbdcky - 7/12/2018 11:26:17 PM

0 Boost

VAT is a form of sales tax. Every German pays the same VAT tax for a new car whether it's built in Germany or the US. There are additional tariffs on US cars, but that has nothing to do with VAT. And VAT has absolutely nothing to do with restricting trade.

MDarringer - 7/12/2018 3:58:06 PM

+4 Boost

This is 100% about getting the European freeloaders to pay their share of NATO and nothing more. The Euros are already showing signs of caving in.

runninglogan1 - 7/12/2018 8:24:52 PM

-5 Boost

Caving in? Lol. You really should read something other than Breitbart. They basically made Trump look like a fool after his ridiculous press conference. Notice when he said Reagan didn't win Wisconsin. Lol - what a tool.

rlbdcky - 7/15/2018 7:17:14 AM

+2 Boost

Basically, the American right wing hates the whole world, and the feeling is mutual.