6 Reasons Tech Investors Should Brace for More Pain | Barron's

2022-07-09 07:42:23 By : Ms. Erika Lan

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https://www.barrons.com/articles/tech-stocks-earnings-season-51657294025

We’re now just days away from what could be one of the most important tech earnings periods in years. Brace for trouble.

The crosscurrents are fierce. Interest rates are high, and headed higher. Inflation hit a multidecade peak. Consumer spending has slowed. And fears of a recession are growing. Meanwhile, we’re still working our way through the pandemic; supply-chain issues remain; the dollar has hit multiyear highs against European and Asia currencies, creating a foreign-exchange drag on earnings; and the Russian war on Ukraine rages. All of that triggered the worst first half by the U.S. stock market in more than half a century.

We’re now just days away from what could be one of the most important tech earnings periods in years.

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