Investors foresee a choppy week ahead, as earnings kick into high gear and Europe's debt crisis heats up. Earnings for S&P 500 companies are expected to have climbed just 5% in the Q4. While expectations are low, earnings haven't been as soft as we had feared. In the face of severe economic problems in Europe, large U.S. companies continue to do pretty good. The Fed holds its policy meeting this week, with a statement due out Wednesday afternoon. The Fed will also release its estimate for economic growth, unemployment and inflation.
Sunday, January 22, 2012
Upside seen limited
Investors foresee a choppy week ahead, as earnings kick into high gear and Europe's debt crisis heats up. Earnings for S&P 500 companies are expected to have climbed just 5% in the Q4. While expectations are low, earnings haven't been as soft as we had feared. In the face of severe economic problems in Europe, large U.S. companies continue to do pretty good. The Fed holds its policy meeting this week, with a statement due out Wednesday afternoon. The Fed will also release its estimate for economic growth, unemployment and inflation.
