Goldman Views On The Dollar, Oil Prices, And Earnings

The most popular, and potentially most significant question of the economic quarter is the impact the rising U.S. dollar will have on U.S. corporate earnings, a new research report from Goldman Sachs says. And get ready, because we may be seeing the materialization of a currency fear in today’s falling stock prices. As the Dow Jones Industrial Average headed dramatically lower today, down some 300 points near the close, declining revenue expectations brought on as a result of a stronger U.S. dollar could be the culprit. As dollar strengthens, S&P 500 consensus estimate fall In large part due to the…