Markets got a double dose of bad news to close the week. First, the latest reading of the Personal Consumption Expenditures (PCE) index confirmed that inflation will remain sticky for some time. Then, the University of Michigan Survey of Consumers showed further deterioration in consumer confidence.
This bad news comes ahead of next week’s deadline for the imposition of the Trump tariffs. Investors are still uncertain about what this means for corporate earnings, which means the market selloff may not be over yet, particularly since next Friday’s jobs report is not expected to provide further clarity for the markets.
For these reasons, many investors are staying on the sidelines, but it may soon be time to start bargain-hunting. Times like these can be when the biggest future gains are made. The MarketBeat analysts are here to point out the what and the why behind the opportunities that exist. Here are some of our most popular articles from this week.
