Earnings & A Trade Deal: We’ve Been Waiting
Earnings and a Trade Deal. These are two things that we are waiting on right now. It can be a painful process to wait and depending on the result of what or when these things happen, we will have different actions or decisions to make.
1. 2019 1st Quarter Earnings
We await the results that will start to be announced over the coming weeks of just how companies have done in the first quarter of the year. We wait to hear about revenue and sales and also profit on those sales. This tells us how healthy corporations are and also sheds some light into consumer’s spending. When the economy is strong and people are employed they tend to feel they can spend money the earn. The opposite would cause them to feel they need to save for a rainy day ahead.
2. Global Trade Talks With China
We’ve been hearing over the past few weeks that progress is being made with these trade talks. We’ve heard that the individuals talking may have agreed on the way to enforce or track any items they agree to. We have heard that the U.S. could potentially increase, even double, the tariffs. But we have not heard a final outcome for what the trade deal will be.
Last week we shared there are analysts we like to listen to in order to gauge other’s knowledge. One of these individuals is Jeremy Siegel, a Wharton professor of finance. He recently updated some of his thoughts and we’d like to share them with you.
- These risks could stop 2019’s rally in its tracks, long-time bull Jeremy Siegel warns.
- Wharton’s Jeremy Siegel warns Fed should think about lowering rates.
- Wharton’s Jeremy Siegel on Trump, China, and risk of recession.
What are you doing in light of these potential items we are waiting to hear about? Do you have upcoming goals that you need to be setting a plan in motion for rather than waiting to hear the outcome? Maybe you need to be setting a plan to protect your plan from anything dramatic happening. We are waiting and listening to any updates on these items, but you need to be sure to get some guidance if you feel anxious in the waiting
Wondering how this affects your investments? Schedule a call with Michelle and Steve to discuss your portfolio today.
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We are financial advisors in Deer Park and Barrington, IL. A team with a passion for helping others design a path to financial success — whatever success means for you. Each of our unique insights fit together to create broad expertise, complete roadmaps, and creative solutions. We have seen the power of having a financial plan, and adjusting that plan to life. The result? Freedom from worrying about the future so you can enjoy today.