Reported 27 days ago
Retail traders are currently navigating a significant influx of earnings reports from major technology companies, including Tesla and Alphabet, while simultaneously assessing risks associated with the upcoming 2024 presidential election. Charles Schwab’s James Kostulias highlights investor rotation from high-tech valuations to fixed income as traders react to the Fed's interest rate projections, indicating a divide in expectations ranging from no rate hikes to 100 basis points by year-end.
Source: YAHOO