The markets to come...this week. Inflation data, big bank earnings, and Netflix results: What to watch this week https://finance.yahoo.com/news/infl...esults-what-to-watch-this-week-115103942.html (BOLD is my opinion OR what I consider important content) "Stocks are back near record highs, but a flurry of trade announcements, deals, and extensions kept investors on their toes last week. In the week ahead, a busier economic and earnings calendar will offer them more to chew on. Inflation data out Tuesday morning will set the economic agenda for the week. The Consumer Price Index (CPI) will be a key data point for investors and policymakers to weigh, with the Federal Reserve's next interest rate decision looming less than two weeks away. On the earnings side, all the major US banks will report results this week, with renewed investor enthusiasm about the IPO and M&A markets, along with Wells Fargo's (WFC) freedom from a decade of more stringent regulatory restrictions, likely to feature. Results from Netflix (NFLX) will kick off earnings from big US tech firms, with ASML (ASML) and Taiwan Semiconductor Manufacturing (TSM) set to offer key updates on the AI-related chip boom. PepsiCo (PEP), United (UAL), and American Express (AXP) are among the other notable firms set to release their quarterly results. Data from FactSet published July 3 showed analysts are coming into second quarter earnings season expecting 5% earnings growth for the S&P 500 (^GSPC). Should this forecast come through, it will mark the slowest pace of profit growth since the fourth quarter of 2023. The second quarter includes the peak of tariff-related uncertainty — Trump's shocking "Liberation Day" announcement took place on the second day of the quarter. But the market's recent rally suggests the backward-looking set of results companies will roll out in the weeks ahead have already been discounted. In the third quarter, analysts are expecting earnings will grow 7.3% over last year. Full-year profit growth is expected to clock in at 9%, according to FactSet data. In 2026, earnings should grow 13.9%, according to analyst forecasts. Second quarter earnings, then, appear set to reflect the trough of corporate America's mini-cycle of panic, acceptance, then relief around Trump's tariff goals, the whole of which took about five weeks in April and May. This week, as Trump again rolled out tariff announcements that left some of America's trading partners surprised, investors largely took the news in stride. The worst, it seems, is past us. New tariffs announced on Canada late Thursday and Trump's decision to float higher blanket tariffs on all US imports contained echoes of the headlines that shook markets earlier this year. This time, the reverb barely disrupted the market's rhythm." MY COMMENT Looks like a typical FED week....with some big earnings mixed in for fun and excitement.
