Week Ahead: Will Investor Focus Shift Back To Earnings, Stimulus Or Fix On Data – Investing.com

  • Date: 18-Jul-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Gulf
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Week Ahead: Will Investor Focus Shift Back To Earnings, Stimulus Or Fix On Data – Investing.com

Despite solid results last week as earnings season ramped up, investors have been shifting their focus to data releases, with a variety of economy-related prints indicating less than smooth sailing.

Though corporate earnings are likely to be the primary market catalyst in the upcoming week, as trading ended on Friday, Treasury yields were plunging, indicating that even the Fed’s assurances that its dovish policy will remain in place didn’t seem to calm worried investors.

Indeed, though corporate results thus far have been strong, tumbling yields clearly signal fearful investors are padding their portfolios with Treasuries, which rose for a third straight week. Defensive stocks were also seeing an uptrend.