Cardboard Posted August 25, 2015 Share Posted August 25, 2015 I find it a little disturbing that the vast majority of speakers on CNBC keep on reassuring investors. I would have expected to see more panic, and doom and gloom talk yesterday. Many try to give you the impression that the U.S. is insulated from everything that is going on around the world but, does that make any sense? Where is the growth coming from at most multinationals? We also keep hearing that the U.S. doesn't export much to China except agricultural commodities and some planes. So what are GE, GM, AAPL, PG and others doing over there? I have also been watching since late last year the large surge in the USD and its potential impact on S&P earnings. It has been a headwind but, so far earnings are slowing but, not declining. Now, we have emerging markets and commodity exporting countries in what looks like major retreat which one would think will impact consumption. So I guess, I am a bit cautious at this time and I have a hard time understanding why the world was so interconnected since 2008 and now all of a sudden, the U.S. is becoming the only place in the world totally insulated from the outside. Anyone else? Cardboard Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now