On the SPOT (11/22/2022) [F..]
- Salyl Bhagwat
- Nov 22, 2022
- 2 min read
Strong quarterly results and reasonable forecast for holiday season from retailers seems to have lifted all three major US indices today to finish in an "emphatic" green. There is also optimism related to deep discounts as most retailers will look to clear their inventory during the holiday shopping season thereby helping inflation numbers which may trigger Feds to slow the interest rate hikes.