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Negative earnings pre-announcements and services data take center stage

Negative earnings pre-announcements and services data take center stage

Today’s Big Picture

Barring any new developments on the trade wars or impeachment inquiry front, investors are focused on the release of September services data for the US and Europe. Has the weakness in manufacturing around the world expanded has into services?

Stocks in Asia again were in the red today on news that the US will be imposing additional tariffs on European Union goods by mid-October. Markets in China and South Korea are closed today for holidays. Japan’s Nikkei 225 lost over 2% as did Australia’s S&P/ASX 200. European equity markets are…

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About the Author

Lenore Hawkins & Chris Versace
Lenore Hawkins serves as the Chief Macro Strategist for Tematica Research. With over 20 years of experience in finance, strategic planning, risk management, asset valuation and operations optimization, her focus is primarily on macroeconomic influences and identification of those long-term themes that create investing headwinds or tailwinds. Chris Versace is Tematica's Chief Investment Officer and editor of Tematica Investing newsletter. All of that capitalizes on his near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks.

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