Uncertainty over the global economy remains.
However, earnings guidance has become meaningless.
Fed’s Kugler sees significant tariff impact despite recent news.
However, no deal seems to be done.
Will this be enough to mend distressed sentiment?
"New risks for higher unemployment and inflation are dimming the economic outlook."
The FED is stuck in a very difficult position.
If the White House starts taxing ideas like they have shipping containers... no one knows what could happen.
Forward guidance remains unclear.
The re-rating of American assets is just getting started.
It’s a massive week for earnings, with four of the Mag 7 among those reporting.
Bank of America’s Hartnett warns to sell the rebound in US stocks and dollar.
