No industry is safe from China as its government continued to crack down on companies left, right, and center this week.
Investors have always pitted cyclical stocks and defensive stocks against one another, but they might be surprised to see it’s the latter that are heading for a touchdown this earnings season.
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The ongoing chip shortage is crippling industries and economies alike, but there might be a silver lining if you squint hard enough.
Second-quarter earnings season is fast coming round the bend, with companies due to update investors on their track record over the past three months – and analysts keen to kick the tires on firms’ fresh forecasts.