All Eyes on Corporate Guidance After Weak Economic Data
The Wall Street Journal | Mon, Jan 14, 2019
by Amrith Ramkumar
Tepid global economic data has triggered a razor-sharp focus among investors on corporate guidance.
Economic reports in emerging and developed markets have been broadly below expectations, causing Citigroup economic surprise indexes in the two groups to fall to near their lowest levels since June. That the Citi gauges are negative suggests data in aggregate are missing economic expectations.