Tech Data errs on side of caution in future financial planning

With $300 billion in tariffs hitting China on Sept. 1, a Treasury Note yield curve inversion within the last two weeks and talks of a looming recession, Tampa Bay area CEOs are paying close attention to how they map out their future quarterly earnings expectations. The tariffs are part of more than a yearlong trade war between the world’s two largest economies. The Tampa Bay Business Journal asked Rich Hume, the CEO of Tech Data (NASDAQ: TECD), the area’s largest public company, how he expects the market volatility to impact the global business.

source https://finance.yahoo.com/m/885b9ae5-a778-334f-baf9-3d8eadc9a2fb/tech-data-errs-on-side-of.html?.tsrc=rss

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.