Earnings, not the Fed, are what 'actually matter' right now: Strategist

) wrapped up its GTC event on Tuesday with much enthusiasm for the company's new announcements. Wall Street is now turning its focus to the looming outcome of the Federal Open Market Committee's two-day meeting.

Baird Managing Director and Market Strategist Michael Antonelli joins Yahoo Finance to discuss why he believes the market's focus should be redirected from the AI rally and the Fed. Antonelli points to the fact that earnings are at their highest level in history, calling earnings"the next catalyst" for the market:"We keep asking the Fed to cut and they keep saying we're watching and then the CPI comes out hot and then they say we're watching and we just keep doing this cycle.

President Joe Biden and former President Donald Trump have already clinched the presidential nominations of their respective parties, making a rematch in the 2024 election a reality. Regardless of...Looking to retire early? Investing in dividend stocks can be a powerful way to make your dream a reality. While there are various investment approaches out there, one that has proven successful is...

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US Stocks Slip as Investors Await Nvidia Earnings, Fed MinutesUS stocks slipped on Wednesday as investors counted down to high-stakes earnings from AI darling Nvidia (NVDA) and the release of Federal Reserve minutes which reiterated the central bank's focus on not cutting interest rates too soon.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

BoC 'late' to cut rates, private sector 'starting to buckle': chief market strategistA chief market strategist says the Bank of Canada is late in bringing interest rates lower and says policy is driving inflation above the two per cent target.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Don't start putting new money into the market now: StrategistIs a bubble forming around the stock market (^DJI, ^IXIC, ^GSPC)? And if so, is it about to burst? B. Riley Wealth Management Chief Investment Strategist...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »