Stocks appear to be under pressure due to higher yields, notes Nathan Peterson. He and Michelle Gibley discuss what stood out this week. Nathan highlights that it feels like earnings growth is going to need to accelerate in order to justify another “leg up” for stocks. Michelle talks about how the ECB could be down, and she believes that markets are likely to shift to how long rates stay at this level. They then go over the outlook for China stabilization. Michelle mentions that sentiment on European stocks is so bad that it’s good. Tune in to find out more about the stock market today.
Market On Close
15 Sep 2023
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