Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Q4 Earnings Season Starts Today in a Bad Way

Q4 earnings season starts today with most big banks reporting. C report was bad. JPM report was dressed up by reversal of old loss reserves into earnings but the market isn't buying it. Retail sales fell.

So, economic slowdown may be happening whatever the causes (Covid-19/Omicron, high prices, wages not catching up, supply-side disruptions).

For those following AAII Sentiment Survey, it turned bearish yesterday (a contrarian indicator).

https://www.cmegroup.com/
Sign In or Register to comment.