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Good News For The Economy Seems To Be Bad New For Fed Policy

Schwab Network

English - March 08, 2023 22:33 - 7 minutes - 91.5 MB - ★★★★★ - 23 ratings
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Good news for the economy seems to be bad news as it relates to Fed policy, says Rebecca Felton. She discusses how futures are muted ahead of day 2 of Jerome Powell's testimony before congress. She notes that fourth quarter earnings season was lackluster, even against a low bar. She talks about how there is a high degree of uncertainty facing investors which warrant a cautious portfolio stance. She then goes over areas of opportunity in U.S. equities. as well as potential warning signs for the markets. Tune in to find out more about the stock market today.