Bloomberg Surveillance · Friday, September 18, 2026
Nadia Lovell of UPS argues that corporate earnings, rather than Federal Reserve rate hikes, will be the primary driver of the stock market. She believes that while rate hikes may cause short-term volatility, they will act as a 'speed bump' rather than a 'stop sign' for market growth.
“earnings not the Fed are driving this market.”
“Another rate hike would be a speed bump, not a stop sign by the pullbacks.”
“But at the end of the day, as we noted, it's really the earnings story that's going to drive this market.”