New York Times (May 1)
The collapse of First Republic “stopped short of derailing the broader market, with markets focusing instead on corporate profits and the Federal Reserve’s next decision on interest rates.”
Tags: Broader market, Collapse, Corporate profits, Derailing, Federal Reserve, First Republic, Interest rates
Wall Street Journal (November 25)
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.
