Steve Sosnick, Chief Options Strategist, Interactive Brokers Group, looks ahead to a crucial earnings season for investors.
With worries about the US economy slowing down, this earnings reporting period will be one to watch closely.
Here’s Sosnick’s take:
Photo Credit: reynermedia via Flickr Creative Commons
There are market risks worth considering in the months ahead
As we approach the end of a very turbulent 2023, we are cautiously optimistic, with developed market central banks having come to the end of the tightening cycle and signaling relief on rates is not too far off.
Regardless of the broader debate, one thing does seem clear: if the Fed were truly on the verge of launching a new QE program — someone forgot to tell the three-month Treasury bill.
Stocks are hanging in there, despite a deluge of bad news.
