Friday 24 November 2017

Thomas Molloy: Stats don't lie: US, not Europe, shows signs of fatigue

CRITICISM from those outside the eurozone is so incessant that it is easy to lose sight of the success enjoyed by many European companies at a time when their US counterparts are showing signs of fatigue.

As the US earning season begins in earnest, it is worth keeping a beady eye on what is happening on both sides of the Atlantic.

So far, we have seen disappointing results from IBM, General Electric, Google and Microsoft, which all fell well short of expectations, creating a sour mood early in the third-quarter reporting period.

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