Big Tech earnings and the Fed take center stage this week as markets look for fresh clues on growth, inflation, and where policy goes from here. The Fed’s midweek rate call is the main event, and investors will be listening closely to Chair Powell for any hints on when any further easing might actually begin. Here’s what’s happening…
- Big tech and energy dominate Q4 earnings this week, with 4 of the Magnificent 7 reporting. This morning, expect numbers from United Health Care, RTX Corporation, Boeing, Texas Instruments, Union Pacific, Northrop Grumman, UPS, and General Motors, followed Wednesday by Microsoft, Meta (Facebook), Tesla, ASML, IBM, and AT&T. Thursday reports are due from Apple, Visa, Mastercard, Caterpillar, Honeywell, and Lockheed Martin, followed Friday by energy giants Exxon Mobil and Chevron, as well as American Express, Verizon, Aon, and Colgate Palmolive. *
- The Fed wraps up its two‑day meeting on Wednesday, and most expect policymakers to keep rates right where they are. The bigger question on Wall Street is how long the wait will be for the next rate cut, especially with officials split on the path forward and tensions rising with the White House. President Trump has also suggested he may announce his pick to replace Chair Powell as soon as this week, with BlackRock’s Rick Rieder widely seen as the frontrunner. **
- Gold blasted past $5,000 an ounce to kick off the week, marking a major new milestone as investors continue piling into safe‑haven assets. Silver wasn’t far behind—up more than 4% to a fresh record and now more than 50% higher for the month. The rally reflects growing concern over currency stability and rising geopolitical tensions, pushing investors toward hard assets. A weaker U.S. dollar added momentum, making commodities more attractive to global buyers. For now, demand for precious metals continues to outpace supply as investors look for protection against policy uncertainty and intervention risks. ***
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