HomeMarketsU.S. EconomyEarnings Season Too Heavily Weighted Towards Magnificent 7

Earnings Season Too Heavily Weighted Towards Magnificent 7

Mike Horwath expects another 25-basis point rate cut by the Fed this month, but says the market believes the Fed is going to slow from here because of strong economic data. He is focusing on the long end of the yield curve to figure out what’s ahead. He says this earnings season is weighted heavily towards the Mag 7 and wants to see it broaden out going forward.

The Watch List

01 Nov 2024

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