Episode 97: In this episode we’ll do a market review, discuss why corporate earnings are declining, and the implications for the market April-August.
Two biggest factors effecting the market are: 1) 10% of S&P500 is made up of Energy Sector which are experiencing an earnings meltdown; 2) Strength of US dollar hurting earnings at US Exporters and Multinationals (disadvantaged currency exchange rate).
Earnings and the expectation of future earnings is the primary driver of stock prices.
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