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.

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Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

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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...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »