Deutsche Bank Advises Investors to Buy Protection as Earnings Momentum Fades
Deutsche Bank says the positive effects of the U.S. earnings season are ending after Nvidia reports results. Investors are expected to shift focus toward developments in the Middle East.
MarketWatchDeutsche Bank told investors to purchase protection as several market drivers begin to weaken. U.S. earnings season's positive impact is now in the rear-view mirror following Nvidia's results on Wednesday.
Investors may once again focus on disruption caused by events in the Middle East, according to the bank. The assessment comes as broader market conditions shift after a period of strong corporate earnings.
Bank said the change in focus warrants buying protection to manage potential risks. The recommendation reflects a view that attention will move away from earnings and toward geopolitical developments.
Key Facts
Story Timeline
2 events- Wednesday
Nvidia posts quarterly numbers.
2 sourcesMarketWatch - After Wednesday
Deutsche Bank advises investors to buy protection as earnings momentum fades.
2 sourcesMarketWatch
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