194
After the Fed, new focus for the stock market: JP Morgan and Citi open the quarterly parade. 2021 started to be a record year, with a jump in profits over 40%
by Marco Valsania
Corporate America’s quarterly reports have rarely been that crucial. And this is already saying a lot, given that the performance of companies is always a pillar of their performance on the stock market. But the accounts for the last three months of 2021 – and to follow the 2022 outlook – come now as Wall Street is forced to do without another engine: ultra-expansive monetary policy.
A turning point that, in fact, can magnify the impact of the quarterly reports – with profits expected at an exploit yet …