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2/6/2024 - What Do The Fed Statement And Jobs Report Mean For The Market & What’s The Take Away from Tech Sector Earnings?
Phil, Mike, and Larry discuss how the narrative about the economy and rate cuts was turned upside down last week after the Federal Reserve left interest rates unchanged, removed its bias toward hiking, and said that the economy was expanding at a solid pace, right before the latest jobs report came in stronger than expected. They then talk about how 80% of fourth-quarter earnings have so far beaten Wall Street’s estimates, especially technology companies, and what this means for the markets going forward.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
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By Focused Wealth ManagementPhil, Mike, and Larry discuss how the narrative about the economy and rate cuts was turned upside down last week after the Federal Reserve left interest rates unchanged, removed its bias toward hiking, and said that the economy was expanding at a solid pace, right before the latest jobs report came in stronger than expected. They then talk about how 80% of fourth-quarter earnings have so far beaten Wall Street’s estimates, especially technology companies, and what this means for the markets going forward.
Submit your questions to [email protected]
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.