hasn’t yet provided much respite to large U.S. multinational companies.
Companies in the S&P 500 that derive more than half of their revenue outside the U.S. are on pace to post an 8.7% slide in fourth-quarter earnings, according to FactSet data through Monday. In contrast, companies with most of their sales in the U.S. are poised to record a 3% earnings drop. About 55% of the companies in the index have reported so far.
We want American multinationals to flourish & thrive around the world,in fact American entities are the first transnational corporations,well not really Western man has had it before,but not at this scale nor with the global systems that generate wealth everywhere & in so doing
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