We're Done Talking About the Fed (We Hope)
With the important February Federal Reserve meeting now behind us, it certainly feels like the mood of investors has changed dramatically. As investors begin coming to the understanding that inflation appears to be in check, there has been a pronounced rotation from the value stocks that dominated 2022 into the types of growth stocks that have struggled in recent years. On this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress, cover the market's developments in the wake of the latest Fed interest rate increase and commentary from Fed chair Jerome Powell that indicated that the Fed could potentially slow down the pace of rate increases in 2023. Noland's take is that as investors, we may be done spending our time worrying about the Fed's next move and we can return to paying attention to actual developments at the business level. We also discuss some of the earnings reports that are starting to trickle in and take note of the market's reaction to these reports. We observe that regardless of whether earnings reports have been strong or weak, it so far appears that investors are taking these results in stride. When we start to see positive reactions to negative news, that is one sign that we may be close to the next bull market. Topic 1: The Fed and Inflation Topic 2: A Violent Market Rotation Get signed up to our newsletter list: https://leftbrainir.com/jarvisnewsletter Sign up for our research service to receive this month's "The Chosen" report and access our library of 100s of full length stock reports at https://leftbrainir.com/subscribe For a portfolio review and to learn more about our growing list of fixed income investment opportunities and our stock bounce back list for 2023, head to https://leftbrainir.com/free-portfolio-review Get on Brian's calendar directly to discuss a plan for market recovery at https://calendly.com/briandress