JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n
By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n
JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n
Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
However, a services PMI beyond 49 percent usually indicates an expansion of the overall economy which suggests the February Services PMI shows the overall economy is growing for the 14th consecutive month after one month of contraction in December 2022.<\/p>\n\n\n\n The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
US stocks extended losses on Tuesday after the data showed that the ISM <\/a>Services PMI in the United States decreased to 52.6 points in February from 53.4 points in January of 2024. Economists expected a dip to 53 and it is also important to mention that the ISM services employment index fell 2.5 points to 48.<\/p>\n\n\n\n However, a services PMI beyond 49 percent usually indicates an expansion of the overall economy which suggests the February Services PMI shows the overall economy is growing for the 14th consecutive month after one month of contraction in December 2022.<\/p>\n\n\n\n The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said: \"What the market is doing, is reassessing its 2024 expectations in terms of earnings and terms of interest rates, and looking to justify the surge in prices that we saw in November and December.\"<\/em><\/p>\n\n\n\n The attention of investors will shift towards the December consumer and producer inflation reports, set to be released on Thursday and Friday, respectively. These reports hold significance in shaping the potential trajectory of the central bank's monetary policy.<\/p>\n\n\n\n See Related: <\/em><\/strong>The Fed Raises Interest Rates By 25 BPS This Wednesday; Effects On Crypto And Financial Markets<\/a><\/p>\n\n\n\n Investors will also closely monitor comments by New York Fed President John Williams and it is important to mention that market participants have scaled back expectations to a 67.6% chance for at least a 25-basis-point rate cut in March, according to CME's FedWatch Tool. While sentiment-based indicators show that investors are still bullish, a recommendation is that you continue taking a defensive investment approach in the upcoming days.<\/p>\n\n\n\n By the end of the week, it's anticipated that major banking institutions such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce decreased fourth-quarter profits. Analysts have reduced their estimates for the fourth quarter earnings by 6.8%, surpassing the pre-pandemic 2019 average pre-earnings cut of 4.6% and the post-pandemic 2022\u20132023 average cut of 3.6%.<\/p>\n\n\n\n JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo will announce fourth-quarter earnings on Friday. Unfavorable news also emerged as Reuters reported on Monday that U.S. regional banks might encounter challenges in boosting profits in 2024. They are expected to contend with increased pressure to offer higher deposit rates compared to larger competitors, alongside potentially limited demand from borrowers.<\/p>\n\n\n\n Given the uncertain trajectory of interest rates, economic analysts informed Reuters<\/a> that the earnings of regional lenders may be constrained. This limitation stems from their association with securities holdings, which, rather than generating income through loans or investments in higher-yielding assets, are currently showing paper losses.<\/p>\n","post_title":"U.S. Stocks Rose On Wednesday. The Focus Of Investors Now Turns To Inflation Reports And Major Bank Earnings","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-rose-on-wednesday-the-focus-of-investors-now-turns-to-inflation-reports-and-major-bank-earnings","to_ping":"","pinged":"","post_modified":"2024-01-11 11:22:40","post_modified_gmt":"2024-01-11 00:22:40","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
However, some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes and the recommendation for investors is to take a defensive approach in the months ahead.<\/p>\n","post_title":"U.S. Stocks Ended Sharply Higher After CPI Data Met Expectations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-stocks-ended-sharply-higher-after-cpi-data-met-expectations","to_ping":"","pinged":"","post_modified":"2024-03-14 08:05:04","post_modified_gmt":"2024-03-13 21:05:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15865","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15757,"post_author":"14","post_date":"2024-03-08 21:43:03","post_date_gmt":"2024-03-08 10:43:03","post_content":"\n US stocks extended losses on Tuesday after the data showed that the ISM <\/a>Services PMI in the United States decreased to 52.6 points in February from 53.4 points in January of 2024. Economists expected a dip to 53 and it is also important to mention that the ISM services employment index fell 2.5 points to 48.<\/p>\n\n\n\n However, a services PMI beyond 49 percent usually indicates an expansion of the overall economy which suggests the February Services PMI shows the overall economy is growing for the 14th consecutive month after one month of contraction in December 2022.<\/p>\n\n\n\n The past relationship between the Services PMI and the overall economy indicates that the Services PMI for February (52.6 percent) corresponds to a 1.2-percent increase in real gross domestic product (GDP) on an annualized basis<\/em><\/p>\n\n\n\n Anthony Nieves, Chair of the Institute for Supply Management Services Business Survey Committee, said that the slight decrease in the rate of growth in February is a result of faster supplier deliveries and the contraction in the employment rate. Anthony Nieves added:<\/p>\n\n\n\n \"The majority of respondents are mostly positive about business conditions. Respondents remain concerned about inflation, employment, and ongoing geopolitical conflicts.\"<\/em><\/p>\n\n\n\n See Related: <\/em><\/strong>GBTC Price Prediction after Judges Raised Hope for Investors In Favour Of Grayscale<\/a><\/p>\n\n\n\n Federal Reserve<\/a> Chair Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, where he will share his evaluation of the economy and potentially offer new insights into the timing of potential rate cuts.<\/p>\n\n\n\n Markets have rallied this year on bets that the Fed would start trimming rates in May but some Federal Reserve governors warned in the last couple of weeks that the interest rate cuts expected by the market in the first half of the year may have been premature.<\/p>\n\n\n\n Some economic analysts said that the central bank became too focused on inputs after misreading inflation in 2021 and they warned that the Fed risk a recession if it cut rates later than June. So far into 2024, the Fed funds rate has remained paused at a range of 5.25%-5.50% and many central bank officials want to see a clear disinflationary trend in the data before cutting rates.<\/p>\n\n\n\n Simultaneously, the increase in geopolitical uncertainties presents an extra hurdle and amplifies the possibility of unexpected risks in both markets and economic outcomes. Given these factors, the outlook is expected to remain cautious as long as interest rates remain significantly restrictive and the looming presence of geopolitical risks persists.<\/p>\n","post_title":"US Stocks Extended Losses On Tuesday After ISM Services PMI Came In Slightly Below The Market Expectation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-stocks-extended-losses-on-tuesday-after-ism-services-pmi-came-in-slightly-below-the-market-expectation","to_ping":"","pinged":"","post_modified":"2024-03-08 21:43:10","post_modified_gmt":"2024-03-08 10:43:10","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14973,"post_author":"14","post_date":"2024-01-11 11:22:35","post_date_gmt":"2024-01-11 00:22:35","post_content":"\n Following a robust end to 2023 with a powerful surge, stocks have faced challenges in gaining upward momentum in the first days of 2024 due to varied economic data and remarks by Federal Reserve officials<\/a>. Consequently, investors have tempered their expectations regarding the central bank's potential rate cuts in terms of timing and magnitude for this year.<\/p>\n\n\n\n Despite the rise in U.S. stocks this Wednesday, the surge was tempered as investors await forthcoming inflation updates and the impending major bank earnings slated for later in the week. Sam Stovall, chief investment strategist at CFRA Research in New York, said:
ADVERTISEMENT
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
Federal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
![\"\"](\"https:\/\/www.thedistributed.co\/wp-content\/uploads\/2024\/03\/ISM.jpg\")
<\/figure>\n\n\n\nFederal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
<\/figure>\n\n\n\nFederal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
<\/figure>\n\n\n\nFederal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
Major Banking Institutions<\/h2>\n\n\n\n
ADVERTISEMENT
<\/figure>\n\n\n\nFederal Reserve And Economy Evaluation<\/h2>\n\n\n\n
U.S. Stocks And Inflation<\/h2>\n\n\n\n
