 Editor Allan Leibowitz comments on the news of the week |
The financial reporting season generates some interesting insights into the broader market.
This week, we include results from Konecranes and JCB - both a bit more cautious about the future than other giants in the sector.
Konecranes says customers are cautious about investing because economic growth has decelerated across the globe. It notes market uncertainty in North America, in particular.
Meanwhile, JCB also talks about difficult market conditions in most developing markets around the world and slower than expected growth in North American and European markets.
These comments contrast with last week's results from the KION Group which saw its orders go up in the second quarter of this year, especially in western Europe and China.