Here's the factor that mattered most to driving stocks — and it sure wasn't interest rates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Need to Know: Fund manager identifies the one metric most vital to stock gains

In a week when central bank actions have dominated the headlines, from the Federal Reserve’s decision to start tapering to the Bank of England blindsiding markets by standing pat, it’s worth taking a step back as to how much rates really matter.

But what really mattered in predicting returns is at what rate, and in what direction, did company earnings compound. The buzz Economists expect a strong October payrolls report, with The Wall Street Journal-compiled consensus expecting a 450,000 gain in nonfarm payrolls and the unemployment rate easing a tick to 4.7%.

Peloton Interactive PTON, -4.27% skidded 30% after the exercise-bike maker forecast far-weaker holiday sales than analysts expected. Inventories rose 35% sequentially to $1.27 billion. RiverPark’s Rubin said Peloton was the top short in its long/short fund. He said the fund “may cover some” but there’s downside below $50 per share.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

I was introduced into his platform by a friend I met online Dennismayson9 . I thought it was a scam company as well.... But I was moved to try once again with Dennismayson9 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.

That one metric: did Nancy Pelosi buy it?

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

DraftKings, Caesars and Penn National — here’s how sports-betting stocks performed in OctoberShares of DraftKings dropped 7.85% in October, underperforming a roughly 5% gain from the S&P 500 over the same period.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »