DenDeavors.com

Last week, the market corrected and rebounded within the span of a few days and the volatility is not likely to be over. A new narrative has emerged in the earnings outlook and that is the impact of inflation and supply chain issues. Inflation and supply chain issues are cutting into the top and bottom-line results of the early reporting S&P 500 companies and that is not good news for the market.

If the consensus estimates for the S&P 500 begin to trend noticeably lower, the S&P 500 will likely move with it. This week's earnings calendar is very light so the focus will be on the economic data with the most important release coming on Friday. The PCE price index is the Fed's favorite tool for reading consumer inflation and so will have a deep impact on market sentiment.

Expert says Bitcoin, Ethereum and Ripple could soon SURGE for this reason BITCOIN and top alt-coins ethereum and Ripple could soon rally as buyer signals indicate the cryptocurrencies are building power for another bullish run, former analyst Tomas Salles said. Mati Greenspan: Bitcoin price surge is an encouraging sign The finance expert studied bitcoin, ethereum and Ri