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*dates subject to change*
Earnings Preview:
Analysts believe recent cracks in the U.S. banking system are not a repeat of the 2008 crisis. Though there are concerns about credit growth and inflation, the economic path remains largely unchanged. The Fed may pause rate hikes sooner than expected due to financial stability concerns, while the BoC is predicted to stay on the sidelines. The bond market indicates the Fed may be hitting the brakes too hard, causing volatility, but technology and growth stocks are leading again. The NASDAQ is up 2.0% year-to-date, with a 4.4% weekly gain. Defensive sectors and long-term bond exposure can help manage volatility.
Here are the companies from this week’s expected earnings:
- Footlocker – 3/20 (#footlocker)
- Aegon N.V. – 3/20 (#aegon)
- Nike Inc. – 3/21 (#nike)
- Manchester United – 3/21 (#manu)
- Chewy – 3/22 (#chwy)
- Lithium Americas Corp. – 3/22 (#lac)
- Accenture – 3/23 (#accent)
- General Mills – 3/23 (#genmils)
- Biohaven Pharmaceutical – 3/24 (#bhvn1)
- DXP Enterprises – 3/24 (#dxpe)
*Tip* Users can automatically add the listed companies above to their personal calendar, as well as any other of their favorite stocks!