Earnings are booming, jobs are swooning – and investors are cheering the combination.
S&P 500 Q2 earnings growth is running at an impressive 50.4%, according to FactSet, with energy and technology leading the charge. Meanwhile, the latest US jobs data pointed to a cooling labour market.
For investors, that’s a pretty sweet mix: strong corporate profits keep the earnings story alive, while weaker economic data supports expectations of a more dovish Fed. Strong earnings, softer jobs and lower rate expectations – just what the market ordered.
This week, eyes are on US CPI update!
Watch the full episode to find out more!
0:00 Intro
1:11 US earnings update
5:14 European earnings update
7:19 Friday’s weak US jobs
8:22 All eyes on Wednesday’s US CPI data
9:13 Gold and FX update









