Stocks are expected to remain volatile in the coming week, as investors focus on developments related to the Covid omicron variant and weigh the Federal Reserve’s next steps for dialing back its bond-buying program.
The consumer price index is the big economic report in the week ahead. It's expected to be even hotter than the prior month.Brendan McDermid | Reuters In the week ahead, investors await more news on the omicron Covid variant and another inflation report Friday that is expected to show consumer prices remain the hottest in three decades.
"It's going to be a somewhat turbulent December because we probably need to wait for earnings season to get regrounded, back to fundamentals," said Jack Ablin, chief investment officer at Cresset. "For as high as a lot of the ratios would suggest, price-to-sales, price-to-earnings, when you throw it into the hopper with interest rates and everything else, things aren't that bad. I don't think we're teetering on the edge of a cliff.
Buy the dip bitches
avivhadar
Aka this is a buy signal 😂
I got pounded this week
하나님의 왕 되심과 주님 되심을 인정하지 않고 무시하는 자는 심판을 받게 될 것입니다 GrandMenengaiFour
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The Omicron variant is starting to weigh on travel: 'Two steps forward and one step back'The arrival of new COVID-19 variants is likely to make the recovery of global air travel less certain, experts say. Still, concern over the variant has yet to have an impact on domestic travel. hugomartin reports: hugomartin 🦠😳
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