Concerns around President Trump's trade war and slowing Chinese growth are continuing to pop up during earnings calls with corporate executives. A large concentration of negative mentions can be found among industrials and materials companies. The impact is also being felt in the numbers: Earnings results within the materials sector are coming in 5% below consensus targets, according to Bank of America Merrill Lynch data. Visit the Markets Insider homepage for more stories.
Concerns around President Trump's trade war and slowing Chinese growth are continuing to pop up during earnings calls with corporate executives. A large concentration of negative mentions can be found among industrials and materials companies. The impact is also being felt in the numbers: Earnings results within the materials sector are coming in 5% below consensus targets, according to Bank of America Merrill Lynch data. Visit the Markets Insider homepage for more stories.
This is because we allowed our past leaders and businesses to offshore everything in order to save money and cut their bottom line. They had to know this was coming. He talked about this the whole time he campaigned.