Near-term rate cut even less likely following today's data - ING
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Why bad data isn't good for stocks
April 25, 2024 7:00 PM EDTBad data will not be good for stocks beyond the near term, according to Sevens Research report in its latest note.
The investment research firm says slowing growth that forces the Federal Reserve to cut earlier than expected is a "material negative for equities due mostly to valuations."
"If investors must price in a legitimate chance... More
Investors more worried about earnings slowdown than GDP growth slowdown
April 25, 2024 1:24 PM EDTGiven the performance of US stocks and bonds since Monday, analysts at Macquarie Research believe that no one is worried about the prospect of a US GDP growth slowdown.
However, they believe there is now rising concern about a corporate earnings growth slowdown among the highest-flying tech... More
