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mick

08/07/19 6:21 PM

#204446 RE: mick #204445

How the trade war could take an even bigger chunk out of corporate earnings

Last week, Goldman Sachs cut its 2019 and 2020 numbers, citing lower economic growth, lower oil prices and weaker margins. “We expect negative revisions to consensus 2020 EPS estimates in 2H 2019,” Goldman analysts said, though they did keep their price target.