A blast of earnings news is coming, but the market may be more focused on when the economy will reopen

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Blast of earnings news is coming, but the market may be more focused on when the economy will reopen

Doll said he expects the market to listen to comments from corporate executives on conference calls but ignore the actual earnings. "The market is going to pay a lot more attention to what can a rebound look like, and what can 2021 numbers look like," he said. "They'll be selling on that versus how deep is the hole going to be in the second quarter.

Doll said he also is looking at how stocks might come through the virus shutdowns. "Part of what you want to make sure is the company is going to make it through, and make sure the industry has decent demand getting out of it. If it has decent demand during it, that's a good thing, and that takes you back to health care and technology," said Doll.

Companies have been tapping the corporate bond market at a record pace to boost their cash piles to help them through the economy's shutdown, and the coming week should be no different.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

The market isn't based on reality and definitely not the economy, it's based on endless pumping

And for some reason, the market will manipulate itself higher...

When survival counts - nobody looks at your CNBC trash earnings !!!!

Higher highs ↗️

Yeah to make 1% more rich. Fed can just distribute dollars.

JACKSONVILLE FL BEACHES will reopen at 5 today the mayor is reopening beaches there.,

things have never looked better 22 million unemployed

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks Rally, Pointing to Second Week of Gains for U.S. IndexesThe Dow and S&P 500 rose about 2%, setting up U.S. stocks for a second straight week of gains. The market was buoyed by optimism that parts of the American economy may begin reopening in coming days. This is silly. back to normal finally
La source: WSJ - 🏆 98. / 63 Lire la suite »

Stock market live updates: Dow futures up, bracing for jobless claimsStocks are coming off a major sell-off on Tuesday from dismal earnings and economic data. Keeping realDonaldTrump and the GOP in office America will lose 85% of America. Dont wait 🤔do it now 👉🏽2/3 remove 25AmendmentNow Headline bracing for jobless claims. Really, why this nonsense headline. Does this number matter at this time. The disconnect between Wall St. and Main St. is even more astounding during a pandemic
La source: CNBC - 🏆 12. / 72 Lire la suite »