Good morning! Here's what you need to know in markets on Thursday.
1. Billionaire investor Warren Buffett and JPMorgan CEO Jamie Dimon voiced concerns that the financial markets' focus on short-term goals is hurting the economy and urged companies to move away from providing quarterly earnings guidance, according to the Wall Street Journal. "In our experience, quarterly earnings guidance often leads to an unhealthy focus on short-term profits at the expense of long-term strategy, growth and sustainability," they wrote.
2. The European Union and Mexico struck back President Donald Trump's trade threats, and the two countries appear to be trying to send a message with their retaliation. Both the EU and Mexico https://www.newssplashy.com/2018/06/10-things-you-need-to-know-in-markets.html