5 min listen
Earnings season begins in a fragile context - April 14, 2023
Earnings season begins in a fragile context - April 14, 2023
ratings:
Length:
5 minutes
Released:
Apr 14, 2023
Format:
Podcast episode
Description
Data published yesterday seems to confirm that both inflation and the job market are cooling in the US. Jobless claims climbed to 239K from 228K the previous week, while producer prices unexpectedly fell to 2.7% year-on-year in March from 4.6% in February. This is viewed as a positive signal towards a more dovish monetary policy by the Fed. The underlying momentum remains relatively fragile as earnings season starts.
Released:
Apr 14, 2023
Format:
Podcast episode
Titles in the series (100)
6: Wall Street wobbles as inflation accelerates in June- July 13, 2022 by The Market Screener