Akane Otani

speaker

1,333 appearances 33 recordings 1 series first heard Aug 2017 last heard Mar 2023

Akane Otani’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Earnings a Big Test for the Markets · 11 Jan 2019 podcast

They're there to really step in when the economy shows signs of fading a little bit.

And that can include volatile periods of markets.

But just because we see a 10% drop in stocks doesn't mean that the Fed is going to step in and make a sort of declaration about

Its rate increases.

So I think people were a little bit, I guess, relieved to find out that, you know, he is clearly watching and acknowledging the volatility in markets.

I think we'll still have to wait and see.

Through the trader's notes that I've been getting, there is a sense that we have found a little bit of a bottoming out process in the last couple of days.

And so it seems like stocks have been starting to try to stabilize from the selling pressure that we saw at the end of 2018.

But there's so much up in the air, especially with banks starting to report their results in the coming weeks and a lot of earnings reports starting to come in.

That could really spur some more volatility in the markets.

I guess it depends how you interpret the numbers, because analysts still think that we're going to see double digit growth for the fourth quarter, which would mark five straight quarters that we've seen double digit earnings growth for the S&P 500, which really shouldn't be dismissed.

But then on the other hand, we have been hearing warnings from different companies, including Apple, that have really spooked the markets and given investors a sense that the coming quarters are not going to be as strong as what we saw in 2018.

And that's partially to do with the trade war,

partially to do with slowing growth around the world.

So I think we'll be watching very closely what the commentary is like on the earnings calls, because the numbers may be relatively strong, but what officials say may be a little bit bleaker.

Well, we certainly have seen a huge retreat in the VIX, which people sort of look to as a barometer of expectations for swings in the stock market.

So I saw earlier that it was on track for one of its biggest retreats at the start of a year ever, which is pretty remarkable given how volatile things were at the end of 2018.

But again, the scale of the moves across all the markets has been so extreme lately in terms of the selling that we saw, the rebound that we've seen this week, and then the moves in the VIX back up and down.

So I think there's sort of a sense that things could very much change at a whim.

Thanks for having me.

Showing 561–580 of 1,333 · page 29 of 67