3 things investors need to know this week

Welcome to our newsletter. Each week, we’ll share the top 3 things any investor needs?to know to help them stay on top of things!

Wall Street Is Sending a Bullish Signal for S&P 500 Earnings: Analysts are ratcheting up earnings forecasts for the current quarter at the swiftest pace in two years, suggesting that the worst of Corporate America’s profit slump may be firmly in the rear-view mirror. With nearly 90% of S&P 500 Index companies having reported for this earnings season, upbeat first-quarter results have pushed Wall Street to boost profit projections for the three months through June.

Bank of England Heads for Historically Slow Rate Cutting Cycle: When central banks start cutting interest rates, they usually move quickly. The Bank of England may choose a more cautious path when its nine-member Monetary Policy Committee decides the time has come to reduce borrowing costs. What makes this cycle different is that it will take place not in a downturn, but into an economic recovery. Official figures on Friday showed the UK rebounding from a mild recession with the strongest quarterly growth since the end of the pandemic.

China Consumer Inflation Rises, Factory Price Drop Continues: China’s consumer inflation quickened in April, holding above zero for a third month, while industrial prices extended a long decline that highlights weak demand in the economy.? The?consumer price index rose 0.3% from a year earlier, the National Bureau of Statistics said Saturday. That compares with an increase of 0.1% in March and a median forecast of 0.2% in a Bloomberg survey of economists.