Earnings Preview 2019 #infographic

Earnings Preview 2019
In order to minimize the US economy's risk of falling into recession, the Federal Open Market Committee's decision to remove two cuts in the third quarter of the federal fund rate was expected. This would reduce the net interest income for the borrowers by decreasing the number of short-term loans indexed to short-term rates. Some banks are unable to compensate for lost revenue at lower funding costs.
Meanwhile, the central bank's bond markets have expected more stimulus by reducing the bank's long-term interest rates significantly. President Trump continues to search for a significant competitive disadvantage for other developed economies

Earnings Preview 2019 #infographic
infographic by:www.asktraders.com
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