Earnings Are Growing Too Fast For The Fed

The markets are in negative territory as SVB Financial (SIVB) collapse weighs on stocks. We still think the U.S. banking system is relatively healthy, says Collin Martin. He and Kevin Gordon give a recap of the market. Kevin notes that earnings are at the lower end are still growing too fast for the Fed to be comfortable, and the odds of a 50BPS hike have almost done a roundtrip this week. They note that all eleven S&P 500 sectors are in negative territory. They then go over what to look for in the upcoming economic calendar. Tune in to find out more about the stock market today.

Market On Close

11 Mar 2023

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