Strong Dollar Constraining Capital Spending: Parker

The video discusses the impact of a strong dollar on U.S. companies' capital expenditures, predicting constrained growth in capital spending. It highlights the need for larger corporate backlogs and higher book-to-bill ratios to boost spending. The video also examines the isolated demand for aircraft, particularly from Asia, and its limited impact on broader industrial sectors. Finally, it presents a bullish forecast for the S&P 500, emphasizing the importance of economic cycles and earnings growth assumptions.

What are the expectations for S&P 500 earnings by 2020 according to the report?

What assumptions are made about the market cycle lasting until 2020?