Trump’s Tariff Pressure On China Forces Traders To Confront An Unpleasant Reality

(CNBC) Stocks have held up well this year, and analysts have been consistently raising earnings estimates for all quarters.The sectors most exposed to a global trade war and a stronger dollar are also those that are the biggest contributors to earnings growth.The market is anticipating earnings cuts even though analysts and strategists do not have firm numbers to plug into their models yet.

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