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 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
I mean, especially because their earnings have been relatively strong.
And that's what people are looking for at the stage of the bull market.
They're really looking for signs of strong growth and signs that especially that companies will be able to offset the rising pressures from wages going up, from producer prices going up, from tariffs.
And so a lot of these tech companies have impressed people so far with record profits, even in the case of companies like Amazon.
So there is one argument to be made in that front.
But, you know, on the other hand, I think investors are still wary of the fact that a lot of these names are still up like 40 percent for the year.
And so it isn't surprising if they do continue to sort of plumb lower from here.
Thanks for having me.
We saw stocks get a bit of a boost when we learned that Mexico and the U.S.
had come to an agreement to revise NAFTA.
But investors were still a little bit worried about what Canada was going to do since the U.S.
and Canada were still in the middle of negotiations.
So the weekend's news really helped sort of relieve the fears of investors who were worried that the whole NAFTA deal was going to fall apart.
Yeah, we saw U.S.
stocks bounce higher and we saw a pretty specific group of stocks and industries that investors were worried about also get a lift from the NAFTA news.
We saw Ford and General Motors rallying Monday on the news, and investors have been attributing that to the fact that these automakers have been putting off investment plans and saying that they're a little bit uncertain about their future spending plans as a result of all of the trade tensions that have been happening.
flaring up this year.
So the fact that the NAFTA agreement is now sort of clarifying what the future will be for these automakers is certainly a positive for them.
And then we also saw industrial stocks doing well, just because they have been mentioning they're very sensitive to any potential disruptions in the supply chain.
And because companies are
Showing 841–860 of 1,333 · page 43 of 67
← Previous
Next →