Traders react as Federal Reserve Chair Jerome Powell speaks on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, November 2, 2022.
Brendan McDermid | Reuters
Third-quarter earnings season is finally behind us — and like the prior quarter, results were solid overall compared to analyst forecasts.
However, those expectations were low, thanks to macroeconomic headwinds like elevated inflation, a strong U.S. dollar and geopolitical tensions. The bar was not set high.