Wall Street Journal (November 25)
2015/ 11/ 27 by jd in Global News
In the U.S., “the pressure on corporate profits may last longer than expected.” Many have attributed the contraction in corporate profits to temporary trends, namely “the weakness in the commodities sector, which is ravaging profits at energy companies, and the strong dollar, which is putting pressure on multinationals.” Though reassuring, “the problem with those dismissals is that oil may not be done going down, and the dollar may not be done going up.”
Tags: Commodities, Contraction, Corporate profits, Dollar, Energy, Multinationals, Oil, Pressure, Trends, U.S.
