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Stock impact report

Stagflation Is Back [Seeking Alpha]

Express, Inc. (EXPR) 
Last express, inc. earnings: 3/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cloud.express.com
Company Research Source: Seeking Alpha
Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends. Defying the macro headwinds to post its best week since November, the S&P 500 rallied 2.8% on the week - erasing essentially all of its declines in the prior week. Following a shaky start to first-quarter earnings season, results over the past week were rather impressive. S&P 500 earnings growth is now expected to average 3.5% in Q1, up sharply from just 0.6% last week. REIT earnings results over the past week showed a surprising firming in multifamily rents despite ample supply, a notable rebound in office leasing, a continuation of strong retail fundamentals, but a slowing in logistics demand. Hoya Capital Income Builder members get exclusive access to our real-world portfolio. See all our investments here » Real Estate Weekly Outlook U.S. equity markets rebounded this week from their worst weekly Show less Read more
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