Last week was relatively uneventful from a market perspective. The factors that have been driving the market recently continue to stay front and center for market participants.
There are a few required readings, in my opinion, from corporate America each year. The one that is most talked about is Warren Buffet's annual letter, from Berkshire Hathaway. While I enjoy reading Warren's report each year, since the financial crisis I believe that JP Morgan CEO, Jamie Dimon's letter is absolutely essential reading.
The letter provides some interesting insight into many factors that move the market, factors I have mentioned in my weekly posts. Give it a read if you have some time this week.
This upcoming week starts earning reports, and expectations are for weak first quarter earnings. Given the level of pessimism priced in it will be instructive to see if the market is able to move higher based on guidance for future earnings.
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