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

earnings data stimulus fix
Gulf
  • Date: 07/18/2021
  • Source: Investing.com
  • Sector: Economy
  • Country: Gulf

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

Earnings could be catalyst in data sparse week Still, so far, solid earnings couldn’t spare a weekly selloff on economic, sentiment data Investors seem to have shifted focus from relying on the Fed to the real economy 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. Inflation Fears Continue Pressuring EquitiesOn Friday, all four major US indices—the , , and —sold off on fears that spiking will disrupt the recovery, halting a trifecta of weekly gains. Even a solid showing in —the flipside of accelerating inflation—didn’t assuage concerns. So much so that though investors initially drove stocks higher on Friday, after the release…