Stocks stay quiet despite bearish signs
Stocks have had plenty of reasons to be volatile, but daily performance has been subdued this year.
Podcast: How U.S. corporations and the economy are performing
June 12, 2024
By Mark Hackett
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Key Takeaways:
The economy continues to show strength, especially in terms of job growth and consumer spending. How does this align with recent corporate earnings reports? Has inflation or productivity improvements from AI technology had any impact on corporate performance? Nationwide’s Chief of Investment Research Mark Hackett and Financial Market Economist Oren Klachkin share their insights on GDP and recent corporate earnings reports.
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Disclosure Statement:
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The information provided by Nationwide Economics is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy.
Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person. The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness.
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