Earnings are coming in to support the market, strategist says
Stocks (^DJI, ^IXIC, ^GSPC) are facing downward pressure ahead of pivotal market catalysts, including the highly anticipated Amazon (AMZN) earnings and the Federal Reserve's impending policy decision. BNY Mellon Head of Investment Strategy and Equity Advisory Solutions Alicia Levine joins Catalysts to provide her insights on market outlooks.
Levine acknowledges that earnings have been a driving force behind market movements, with companies reporting better-than-expected results. However, she emphasizes that investors "can't get away from the macro story" – economic growth remains resilient, while inflation continues to show stickiness. Nonetheless, Levine stresses that markets have "held up pretty well".
Addressing concerns over potential rate hikes, Levine believes that the Federal Reserve is unlikely to pivot in that direction. However, she cautions that a prolonged higher-for-longer interest rate environment could create a "squeeze" on certain sectors of the economy.
For more expert insight and the
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Видео Earnings are coming in to support the market, strategist says канала Yahoo Finance
Levine acknowledges that earnings have been a driving force behind market movements, with companies reporting better-than-expected results. However, she emphasizes that investors "can't get away from the macro story" – economic growth remains resilient, while inflation continues to show stickiness. Nonetheless, Levine stresses that markets have "held up pretty well".
Addressing concerns over potential rate hikes, Levine believes that the Federal Reserve is unlikely to pivot in that direction. However, she cautions that a prolonged higher-for-longer interest rate environment could create a "squeeze" on certain sectors of the economy.
For more expert insight and the
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Видео Earnings are coming in to support the market, strategist says канала Yahoo Finance
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