This week, JPMorgan and Delta Air Lines will release their first-quarter earnings reports, with tariffs expected to take center stage. However, one analyst warns that forecasts may be less reliable than usual if the current tariff rate remains in place for an extended period.
President Donald Trump recently described his new tariffs as a form of “liberation,” but investors and corporations are questioning what this means for them. As fears of higher prices and economic downturns grow, companies like Delta Air Lines Inc. will be closely watched to gauge their responses to the trade tensions.
The ongoing tariffs have already started to impact businesses, with some warning of potential disruptions to supply chains and increased costs. With Q1 earnings reports on the horizon, investors are looking for signs of resilience in the face of these challenges. Will companies like JPMorgan and Delta Air Lines be able to weather the storm, or will the tariffs have a more significant impact?
Source: https://www.marketwatch.com/story/first-quarter-earnings-will-be-all-about-tariffs-and-the-economic-outlook-but-are-forecasts-worth-anything-10451a2a