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MarketWatch: “Here’s why investors are shrugging off coronavirus earnings warnings”

By admin_45 in IN THE NEWS MarketWatch: “Here’s why investors are shrugging off coronavirus earnings warnings”

MarketWatch quoting DataTrek's Nick Colas:

.... "The odds that the Fed will cut rates at some point in 2020 are now 84.5%, up from 53.9% a month ago,” Colas wrote. “We came into the year with some concerns about a slowing US economy, but now markets are almost certain that the coronavirus will force the Fed’s hand"....

Read the full article here on MarketWatch!

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.