We’re in another moment of equilibrium as the market gears up for the main event of earnings season playing out across the next 48 hours.
Sure, earnings season has been pretty strong so far—but with 5 of the world’s 10 biggest companies reporting earnings across the next 48 hours, we’ve come to the moment that actually matters.
At the same time, markets are pulling back a little ahead of tomorrow’s pivotal FOMC meeting where Jerome Powell will hopefully shed more light on when exactly we can expect rate cuts this year.
Expect a lot more noise than signal in the build-up to these next few days. However, there are still important headlines with long-term implications we can dig into. Let’s break down the meaningful stories while the market braces for impact.