Earnings season kicks off this week, but before you get too excited and start clicking the buy button over what the next batch of quarterly results could mean for stocks, you might want to listen to what DataTrek Research’s Nicholas Colas has to say.
We’ll get our first taste of what’s in story with banking giant JPMorgan Chase’s JPM, -0.24% report on Friday. But don’t look for much upside from financials. Colas only sees four sectors showing growth: Utilities, health care, real estate and industrials. The buzz Homeland Security Secretary Kirstjen Nielsen resigned on Sunday amid the Trump administration’s growing frustration and bitterness over the number of Central American families crossing the southern border, two sources told the Associated Press. Trump said U.S. Customs and Border Protection Commissioner Kevin McAleenan will be taking over as acting head of the department.
The chart Here’s some serious historic perspective on interest rates, as in, all the way back to 1790, courtesy of @VolatilityQ:
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I love discount sales! Stock market “blue light specials” are the best! Buy buy buy
buy
Don't worry FED will print more money to cover any losses in stock market Wonder when will the rest of the world start realising that dollar is a dud $usdq
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