Trader Talk

Traders on the floor of the New York Stock Exchange. Source: NYSE The land mines for the markets are becoming more numerous. Seasonal weakness is combining with continuing uncertainty over the impact of the delta variant on consumer behavior, high labor and material costs affecting pricing and delivery of goods, and poor data out of
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Traders on the floor of the New York Stock Exchange. Source: NYSE Earnings season begins with two major tailwinds: sky-high prices and soaring expectations.  On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months, from expected 45% growth in January to 65% growth
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