Earnings season is in full swing, which means the Motley Fool 10% Promise team is hard at work reporting on all of the earnings moves this year.
We should worry about Europe
If you watch any of the 24-hour news stations, you may get the impression that the debt ceiling debate in Washington is having a huge impact on business in the U.S. But based on earnings this week, we should fret more about Europe. Riverbed Technology
As if Europe hurting earnings weren't enough, European banks can’t seem to decide which way is up. On Monday, fellow Fool Matt Koppenheffer reported on how Allied Irish Banks
All that moving around convinces me that there are two investments I wouldn’t touch with a 10-foot pole right now: European banks and Chinese small caps.
The HOG is back
What indicators do you look for that the U.S. economy is back on its feet? Many look at unemployment, GDP growth, or maybe corporate earnings. But when I saw that Harley-Davidson
Foolish bottom line
Maybe we should be keeping a closer eye on Europe than the U.S. as earnings continue to pour out. Slower growth in Europe could bring investment to the U.S., but could also hurt business at companies with a large exposure to Europe.