May was a choppy month to say the least, as new economic data from April rattled markets. Going into the summer investors find themselves in an odd position.
Fed Chairman Jerome Powell has said that the central bank is committed to an “all-in”...
Earnings season continues to wind down this week with about 97% of the S&P 500 companies having already reported results. First-quarter earnings are on pace to rise by 50% from a year ago, the quickest pace since 2010. The fast rising Q1 earnings are a reflection of...
Investors are anticipating key data this week. Consumer confidence, home price data and new home sales are out on Tuesday. Durable goods will be released Thursday and the consumer sentiment report is issued Friday. Perhaps the most important announcement will be Friday’s personal income and consumer spending...
This week will bring the tail end of earnings season with retailers including Walmart (WMT), Home Depot (HD) and Lowe's (LOW) reporting results. Inflationary pressures are prompting some companies to raise their prices, we may find out this week if these big-box retailers will follow suit.
After yet another choppy week for U.S. equity markets that brought new record highs for the DJIA and the S&P 500, investors can look forward to key economic reports on inflation, retail sales for April, and to the tail end of earnings season. Nearly 800 companies will...