- This article provides a list of companies whose earnings will be affected by the BREXIT.
- The dollar is stable thus we should not expect strong global currency effects.
- The probability of U.S. recession has hit an 8-year high which should be detrimental for earnings in the next two years.
In the long term, stock returns are perfectly correlated with the underlying earnings and therefore the upcoming Q2 2016 earnings season is very important. Positive earnings could push the markets to new highs while bad news could indicate the start of a recession or bear market. More →