• Welcome to forex.pm forex forum binary options trade. Please login or sign up.
 

Latest weak economic data, anticipated fall in earnings expectations, bearish 4 US stocks

Started by forex4you, Jan 20, 2023, 10:41 am

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

forex4you

Latest weak economic data, anticipated fall in earnings expectations, bearish 4 US stocks

<p>JPMorgan strategist Marko Kolanovic in a note issued Thursday, says lower for US equity prices.</p><p>His analyst team's outlook is for further weak data, weak earnings, Fed rates staying elevated. </p><ul><li>We think that recession is currently not priced in equity markets</li><li>We do not agree with the argument that because a recession is consensus...the market and economic outcome have to be better</li></ul><p>

Kolanovic cites:</p><ul><li>the recent weakening of economic data (e.g. ISM, industrial production, regional surveys, retail sales, etc.)</li><li>anticipated decline in earnings expectations</li><li> this economic slowdown and weakening corporate fundamentals are happening in an environment where interest rates are very high (Fed Funds is at its highest level since 2007), rising, and likely to stay high as stated by the Fed on several occasions</li><li>Whether the terminal rate is higher or lower by a few hikes at this point does not matter in our view, given the absolute level of rates and shock that was introduced to the system in the second half last year</li></ul><p>Earlier this week from </p><ul><li><a href="https://www.forexlive.com/news/jpmorgans-marko-kolanovic-is-cautious-on-risk-assets-20230119/" target="_blank" rel="follow" data-article-link="true">JPMorgan's Marko Kolanovic is "cautious on risk assets"</a></li></ul><p>(if you missed that post, do check it out)</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Latest weak economic data, anticipated fall in earnings expectations, bearish 4 US stocks

forexlive.com
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of "How to" guides about Forex.

forex4you.com   share4you.com   betiforex.com Forex  beginners-guide-to-iq-option-complete-review forex4you review forex4you Forex4you Review - One of the Best Forex Brokers Forex4you Review - One of the Best Forex Brokers forex4you - PAMM forex broker review and feedback from traders forexbinaryoption.ae aroundworld24.com  Affiliate programs  Forex4you Affiliate programs   



forex4you.com