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With the summer box office, new additions to the theme parks, preparations to launch a new streaming service, and months after the 21st Century Fox acquisition, the Walt Disney company tops revenue and EPS estimates in their Q4 earnings report. Yahoo Finance's Heidi Chung reports on The Final Round....
Q1 2020 Tapestry Inc Earnings Call...
(Bloomberg Opinion) -- Stock markets jumped in unison Thursday on the news that China and the U.S. have agreed to roll back tariffs on each other’s goods in phases as they work toward a broader trade deal. This makes sense, as various surveys have shown that trade uncertainty is the primary risk facing markets. But if a detente is at hand, investors must confront two critical questions they have ignored so far.The first is whether equities can keep rising if an agreement only reinforces the notion that the Federal Reserve is done cutting interest rates and may even start talking about boosting them sooner rather than later. In the absence of earnings growth, a strong case can be made that the only reason stocks have managed to rally is because of the the Fed’s dovish pivot earlier this year and three subsequent rate cuts. In fact, rates markets are no longer convinced the...
