Read the full article on FactSet Insight.
Excerpt:
The Fed is getting what it wants. Jobless claims are on the rise, and inflation is sagging. April’s economic data has clearly drifted toward the ‘slowdown’ camp despite a decent monthly jobs report back on Good Friday. Earnings season is also underway, and so far, the numbers have not been all that bad according to FactSet. Of course, estimates have come down significantly from last summer’s highs. Still, bottom-line beats have been sharply outpacing misses, but it’s really all about the guidance and collective tone among CEOs.
Recent Content
-
VettaFi Advisor Perspectives: Are Buybacks Back? 2024 Showing Improvement After Hitting a Low Last Year
-
.png)
Are Buybacks Back? 2024 Showing Improvement After Hitting a Low Last Year
-
.png)
Preliminary Earnings Spotlight: Watching Three Cyclicals Ahead of the Q3 Reporting Season
-
NYSE: Christine Short, Head of Research at Wall Street Horizon Joins NYSE TV Live
-
.png)
Upcoming Analyst & Capital Markets Days to Watch
-
.png)
Financials-Sector Fallout: Macro Clues from Conferences and Interim Data
-
Berkshire Hathaway Joins the Trillion-Dollar Club: A Deeper Dive into the Insurance Industry
-
.png)
Stock Splits Continue Their 2024 Comeback
-
Quartz: Walmart is winning this shaky economy, analyst says
-
Quartz: Apple spent big on AI — and it's paying off with the iPhone 16, analyst says
 .png)
