Posted by HA 🤫 (73..162.32) on July 22, 2022 at 21:45:43:
The busiest — and what could be the most important — week of the summer is coming up, with the Federal Reserve expected to deliver another three-quarter point rate hike.
Second-quarter GDP and other economic reports could provide more clues as to whether the economy is heading for recession, and earnings are expected from Apple, Microsoft, and Alphabet, among others.
"For me, the real tell will be whether the attitude of investors continues to be that the earnings season is better than feared," said one strategist.