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.
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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