Brooke Sutherland, Columnist

Proceed With Caution, Industrial Investors

Rapidly changing economic conditions may result in ugly earnings surprises. FedEx is Exhibit A.

January 4, 2019 at 11:19 AM EST

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

Cracks are appearing.
Photographer: Carl Court/Getty Images AsiaPac

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Fourth-quarter earnings tend to be an afterthought for investors in the U.S. industrial giants. By this point in time, they usually have a good sense of the year that was and have already heard from companies on the near-term outlook.

Not this year.

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