Fed Wants Weaker Markets, Investors Want a Bargain. Brace for Earnings Season.

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It’s the second trading week of the year and it’s time for things to really get going. Earnings season is starting, and we’re getting some critical data for the Federal Reserve.

Expectations for companies are low. Analysts surveyed by FactSet see the first annual quarterly earnings decline since the pandemic struck in 2020. Delta Air Lines reports Friday. A lot of the big banks do, too.