The Next "Chinese Threat" to Your Money
China won't add new stimulus to its economy. Now... we wait.
Earnings season roars to life as markets brace for a week of high-stakes revelations. The S&P 500's recent record-breaking run faces a crucial test with a slate of corporate heavyweights set to report. Oil's sudden slump and the dollar's persistent strength paint a conflicting global demand picture - you can thank China. Every single sector is positive as we start the week. Keep dancing… the music is still playing in this market.
As we plunge into this pivotal week, investors wonder: Will the flood of earnings reports validate the market's optimism, or are we due for a sobering reality check? Or… worse… what if the market is more worried about China than it is about corporate cash flows?
Insider Buying:
Five buy filings were reported on Friday, as earnings blackout season is in full swing.
Warren Buffett’s Berkshire Hathaway (BRKB) snapped up $86 million of Sirius XM (SIRI) shares.
Market outlook:
The S&P 500 hit its 45th record close of 2024 last Friday. Thanks, stimulus!
Oil slumps 2% on …
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