CNBC: “The market won’t hit bottom until it gets a better handle on just how aggressive the Fed is going to be”

CNBC: “The market won’t hit bottom until it gets a better handle on just how aggressive the Fed is going to be” - DataTrek Research

Trial DataTrek Morning Briefings for Free

Thousands of investors and financial journalists rely on Nick and Jessica’s newsletter every day for their thought-provoking work on markets, data and disruption. See why for yourself by starting a 2-week FREE trial below.

By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.

CNBC: “The market won’t hit bottom until it gets a better handle on just how aggressive the Fed is going to be”

By datatrekresearch in IN THE NEWS CNBC: “The market won’t hit bottom until it gets a better handle on just how aggressive the Fed is going to be”

Excerpt from CNBC quoting DataTrek co-founder Nick Colas:

.... "But things could get worse if Wall Street keeps pricing in a more aggressive central bank.

“We continue to believe that U.S./global equities will not bottom until markets stop discounting ever more aggressive Fed rate policy,” wrote DataTrek co-founder Nicholas Colas. “We believe the chances of fresh 2022 lows for U.S./global stocks are very high. It’s not that the current news flow is bad. The problem is that the range of potential economic outcomes is too wide to predict future corporate earnings with any certainty"....

Full article here on CNBC.

Trial DataTrek Morning Briefings for Free

By clicking submit, you agree that you have read and understand our Terms of Service, Subscription Agreement, and Privacy Policy, and hereby agree to be bound by them.