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On the SPOT™ blog (03/31/2023) [H..]

Writer: Salyl BhagwatSalyl Bhagwat

This morning (PST), it looks like this Q1 is going to see a green finish. All three major US indices are in the green right now perhaps because of all the news suggesting progress in Feds' fight against inflation. PCE (Personal Consumption Expenditure) index showed that prices rose less than expected in February. A noticeable improvement compared to the January number. Consumer sentiment fell more than expected in March. There was also news that Banks borrowing from Feds' emergency programs declined. Let's see how the markets finish the day.

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