The Stock Market Faces Next Test as Inflation Looms Over Earnings Season

Quarterly reports kick off this week with big financial companies. Some investors say corporate-profit forecasts are overly optimistic. Read More...


Recession? Soft landing? Stagflation? Investors assess economy’s strength

With a miserable first half for the stock market now in the history books, investors are assessing whether the U.S. economy can avoid a significant downturn as the Federal Reserve raises rates to fight the worst inflation in decades. Strategists say an economic slump coupled with weak corporate earnings could push the S&P 500 lower by at least another 10%, compounding losses that have already pushed the benchmark index down 18% year-to-date. Conversely, in a scenario that includes solid profit increases and moderating inflation, stocks could bounce to around where they started the year, according to some analysts’ price targets.

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