This Fed Meeting Will Be Boring as Earnings Are Driving the Stock Market

Earnings are driving the stock market higher, according to Andres Garcia, CEO of Zoe Financial.
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Earnings are driving the stock market higher, according to Andres Garcia, CEO of Zoe Financial

Earnings have grown 4.7% year over tear for the third quarter, Garcia says. Stripping out the insurance companies, which are grappling with hurricanes, the earnings growth rate would stand at 7.4%.

Garcia expects no major developments from Wednesday's Federal Reserve statement.

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