"It feels like stocks are trading a little too much on interest rates," said Craig Bergstrom, chief investment officer at hedge fund Corbin Capital Partners. While the trajectory of rates will continue to matter, "business prospects for companies are going to be more important in the long term."from the same quarter last year, according to Refinitv data.
That weakness would come on the heels of a 3.2% earnings fall in the fourth quarter of 2022, a back-to-back decline known as anAt the same time, Wednesday’s comparatively benign inflation number may offer little insight on whether Wall Street has correctly pegged the Fed’s near-term monetary policy trajectory. While the central bank has said rates will likely stay around current levels of 4.
Fake news
Until Hunter Biden singlehandedly t-bags the world economy like Tucker says he will. Apparently, Hunter is a sith lord?
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