On the SPOT™ blog (01/17/2024) [D..]
- Salyl Bhagwat
- Jan 17, 2024
- 3 min read
Updated: Jan 26, 2024
This morning (PST), all three major US indices are in the red. Retail sales in December did better than estimated and Treasury yield continued their climb this morning. This appears to be dampening the aggressive rate cut hopes as investors seem to have done some profit-taking so far this year.