US macro data has not deteriorated, but market falling in anticipation of a decline: Anurag Singh

Anurag Singh from Ansid Capital notes that while US companies are exceeding Q4 expectations, their cautious guidance for upcoming quarters is causing market corrections. Although inflation worries are easing, recessionary fears persist due to deteriorating macro data like GDP growth and employment. The market awaits clarity on potential Fed actions amid economic uncertainty.

from Economic Times https://ift.tt/71VxoFe