Stocks decline as interest rate uncertainty, earnings weigh
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Barclays: Earnings can still backstop equities against higher rates
April 17, 2024 8:54 AM EDTBarclays believes earnings can still backstop equities against higher rates, while much lowered Q1 estimates offer room for beats.
The bank said in a note this week that estimates have been cut sharply year to date and are now lower than the actual Q4 growth numbers despite improving... More
Market 'underappreciates' that the Fed will cut rates for one reason or another - Citi
April 17, 2024 8:34 AM EDTAccording to a recent research note from Citi analysts, the market is potentially overlooking the Federal Reserve's inclination to reduce interest rates in the near future, citing reasons related to inflation and economic activity. The note highlights Chairman Powell and the Federal Open Market Committee's (FOMC) eagerness to initiate a downward adjustment in policy rates, despite their outward lack of urgency.
The analysts suggest that maintaining higher interest rates for an extended... More
