After U.S. stocks staged a rebound last week in the wake of the Federal Reserve’s much-anticipated monetary policy decision, investors this week will look ahead to a somewhat quieter slate of corporate earnings and economic data releases.
“We expect the focus in 3QF22 to be on: 1) supply chain, including inventory on hand vs. in transit; 2) China, where political backlash and COVID-19 lock downs persist; 3) wholesale distribution, and plans to streamline it further; and 3) demand, which has stayed elevated in NA (North America) and EMEA (Europe, the Middle East, and Africa),” wrote Telsey Advisory Group analyst Cristina Fernandez in a note Friday.
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