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Ned Davis Research cuts view on stocks on worries over earnings and the Fed

A disappointing earnings season and tighter Fed policy could cause some rough going for stocks, Ned Davis Research says. Ned Davis research: Lower earnings and tighter policy could be a problem for the stock market. The Fed is expected to raise interest rates in the near future of the year, according to the research firm. The market is set to take a sharp turn in the next few weeks, with the Fed expected to lower the pace of interest rates and lower the interest rate in the future of some of the major U.S. banks and the Fed’s long-term interest rate hikes in the coming months. The markets are set to get back on the heels of the Fed’s decision to raise the rate of interest rate hike in the short-term . . .

Read more at www.cnbc.com