Tom Essaye Quoted in MarketWatch on March 3, 2020
Tom Essaye, The Sevens Report: “There is no question that growth and earnings will be lower in the coming months, and while we saw some pretty significant cuts to expected S&P 500 2020 earnings…”
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Tom Essaye, The Sevens Report: “There is no question that growth and earnings will be lower in the coming months, and while we saw some pretty significant cuts to expected S&P 500 2020 earnings…”
Investors may be hoping a March rate cut stops the bleeding in the stock market, but Sevens Report’s Tom Essaye said Friday that another rate cut might be a bearish signal for the economy.“While this is a fairly unique situation that the markets…” Essaye said.
Tom Essaye intereviewed with Brian Sozzi and Alexis Christoforous from Yahoo Finance to discuss the debate on whether the Federal Reserve must hold an emergency meeting this weekend and cut interest rates to arrest the coronavirus stock market crash.
And don’t forget about the Nevada caucus, where Bernie Sanders scored a big victory. “Politically, Sanders won the Nevada Caucus with more than 40% of…” writes The Sevens Report’s Tom Essaye.
The second reason stocks could keep rising is that so far, the economic fallout from the COVID-19 virus appears to be only temporary. In fact, Essaye said investors are seemingly…
The lack of a guidance update can mean “mean the company doesn’t have much of an idea how big…” said Tom Essaye, co-founder of The Sevens Report.
“In the short-term, there are two things holding this market up. One, expectations of a dovish Fed…” Sevens Report Research founder Tom Essaye said on Yahoo Finance’s The First Trade.
“It’s still an opportunity for a surprise, and given an expected perma-dovish Fed is one of the two pillars of this rally, we need to watch Powell’s…” wrote Tom Essaye, editor of the Sevens Report.
“Energy traders are focused on the coronavirus right now, trying to gauge how it has, and will, affect demand in…” Tyler Richey, co-editor at Sevens Report Research, told MarketWatch.
Some analysts, like The Sevens Report founder Tom Essaye, believe that the jobs gain was already priced-in by automated trading firms.“I don’t think it was anything surprising because we had very good ADP number and good jobless…” Essaye said.
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