The Week Ahead

This week the markets will no doubt be reactive to geopolitical news - Ukraine. On deck this week are earnings the following will be of note:

Monday, March 21 Nike (NKE) and Tencent Music Entertainment (NYSE:TME).

Tuesday, March 22 Carnival (NYSE:CCL), Adobe (NASDAQ:ADBE) and Poshmark (NASDAQ:POSH).

Wednesday, March 23 General Mills (NYSE:GIS), Winnebago (WGO) and EVgo (NASDAQ:EVGO).

Thursday, March 24 Darden Restaurants (DRI) and Nio (NIO).

Friday, March 25 JinkoSolar (NYSE:JKS).

The past week was a winner overall for the U.S. Stock Market indicating investors remain bullish on the U.S. economy in the face of rising oil and runaway inflation. The S&P 500 rose 6.2% last week, its best performance since November 2020, after the Federal Reserve raised interest rates for the first time since 2018.

Why a bull on the U.S., investors are not as optimistic about European markets because of the war in Ukraine and dependence on Russian energy. Concern’s have mounted over China support Putin.

“The U.S. is a safe haven in an increasingly unsafe world,” said Jim McDonald, chief investment strategist at Northern Trust, which was managing $1.6 trillion at the end of 2021. Fed Chairman Jerome Powell is set for a speech on Monday – watch for significant swings as he speaks which is nothing new.

What is the resounding story – paradigm for the markets? Volatility