1/25/2021 4:08:54 AM GMT
Big tech in focus
Earnings season is up and running and next week will see some huge names reporting on the fourth quarter including Facebook, Apple and Tesla. Covid-19 is becoming more of a focus for investors as lockdowns take their toll and it becomes clear that restrictions won’t be easing any time soon.
Country
US
The main event in the US is the Fed’s policy meeting. After several months of ultra-accomodation, the Fed seems to be inundated with questions on when is the time to taper. Fed Chair Powell earlier in the month signal now is not the time to talk about exiting. The Fed will likely reiterate their support for fiscal support and remind markets of the short-term risks. Inflation signs have picked up but are not yet at a worrisome level.
US
The main event in the US is the Fed’s policy meeting. After several months of ultra-accomodation, the Fed seems to be inundated with questions on when is the time to taper. Fed Chair Powell earlier in the month signal now is not the time to talk about exiting. The Fed will likely reiterate their support for fiscal support and remind markets of the short-term risks. Inflation signs have picked up but are not yet at a worrisome level.
Big tech has led the recent charge higher for US stocks and Wednesday after the close will likely let us know if investors are still on board. Huge earnings will come from Facebook, Apple and Tesla.