How COVID Shutdowns In China Are Impacting Global Markets

Published: April 11, 2022, 9:34 p.m.

b"Earnings season starts this week. We have to parse through the data, and there are two camps, those being the companies benefitting from higher commodity prices, and those that aren't able to stomach it as well, explains Kevin Gordon, Senior Investment Research Manager at Charles Schwab. He says don't count on earnings season to move the market in a major way. He discusses the newest lockdowns in China, saying it is putting extra pressure on commodity and oil prices. He explains there is now a demand issue instead of a supply issue in China. He gives his thoughts on upcoming bank earnings and what he expects for overall margins this quarter."