While the easing of monetary policy by the US Federal Reserve (Fed) has delighted investors by bolstering financial markets, recent warnings about corporate earnings have brought the stock market rally to a screeching halt. After weeks of euphoria on the main financial markets, optimism seems to be waning, giving way to questions about the sustainability of the recovery. Disappointing forecasts from some major companies and macroeconomic uncertainties have triggered a climate of caution among market players.

Given this situation, the question arises: should we expect a return of volatility on the financial markets? After a relatively stable and bullish period, many analysts believe that a correction could be on the horizon, due in particular to geopolitical tensions, persistent inflation and the still uncertain global economic outlook. Investors could once again find themselves confronted with more erratic market movements, characterized by rapid price fluctuations.

But which short-term market movers are likely to have a significant influence on the markets? Quarterly corporate results will continue to be closely scrutinized, particularly in sensitive sectors such as technology, energy and consumer goods. Economic data, such as employment and inflation figures, will also play a key role in investment decisions. Finally, the Fed’s announcements and the possibility of further adjustments to its monetary policy will be decisive for the direction of the markets in the weeks ahead.

To better understand this complex dynamic and anticipate market movements, Xavier Patrolin, President of Albatros Capital, shares his analysis. He looks at the factors that could lead to renewed volatility, and shares his outlook on the sectors to watch. You can find his full speech in the September 23, 2024 edition ofEcorama, a program presented by David Jacquot on Boursorama.com, where experts and analysts decipher the major economic and financial trends in the news.