On the SPOT™ blog (02/06/2023) [I..]
- Salyl Bhagwat
- Feb 6, 2023
- 2 min read
Markets appear to have taken a break from the rally as investors seem to be taking some profits as they look for more insights and deals from next batch of quarterly results due this week. Not much going on other the bond yields rising, dollar appears to be strong, geopolitics continues to be in flux (after US shot down Chinese (possible a spy) balloon) and US economy appears to be robust enough to not allow anyone to take the victory against inflation for granted. All three major US indices finished the day in red.