The Stock Market Faces Next Test as Inflation Looms Over Earnings Season

The Wall Street Journal2022-07-11

Investors expect concerns about hot inflation and strapped consumers to dominate the corporate-earnings season that kicks off this week, creating winners and losers in the battered stock market.Stocks...

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Comments

  • PearlynCSY
    2022-07-11
    PearlynCSY
    Another hot inflation report and the start of earnings season make for a challenging week ahead. Consumer inflation data and the start of the second-quarter earnings season could set the course for markets and result in volatile trading in the week ahead. The June consumer price index on Wednesday is expected to show headline inflation, including food and energy, rising above May’s 8.6% level. “The street has not really changed the [earnings] estimates. Revenue growth has ticked down. Margins are compressing. Analysts are leaving their estimates unchanged,” said one strategist. “If there’s going to be a readjustment, this is the time.” A key question for markets is when will inflation peak, as it has already continued to flare higher much longer than the Fed had initially anticipated. 
  • JaydenSee
    2022-07-11
    JaydenSee
    Ok 
  • xuero
    2022-07-11
    xuero
    [Bless] [Bless] [Bless] 
  • RedEyeSlider
    2022-07-11
    RedEyeSlider
    Good
  • xiaobaii
    2022-07-11
    xiaobaii
    like & comment please
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