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Q1 Earnings Season - The two big blows for US firms & how to duck them
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A strong USD and a weak oil price equal a double whammy for US multi-nationals warns Saxo Bank's Head of Equity Strategy Peter Garnry. Q1 earnings will slump into nagative territory for the first time since the financial crisis is his stark prediction.
Analyst guidance appears to be braced for uncertainty and Peter outlines his plan for playing the volatility using a put option on the S&P 500.