The View from 5th Avenue – 22 April 2024
Posted onLast week was Geopolitics and the Fed, this week a sizable slate of earnings, (40% of the SPX to be exact, four of the Mag7) and pertinent Econ Data (PCE and GDP). On the earnings front investors have eyes on Tesla’s numbers tomorrow and if the revered Elon Musk has any commentary to address declining sales and bolstering guidance. While in the Magnificent category earnings from Meta (Wednesday), and Google /Microsoft (Thursday) will set the tone for the sessions ahead. As I ponder on how corpo…