On the SPOT™ blog (04/21/2023) [C..]
There doesn't seem to be any catalyst coming from the earnings season yet that can sway the market in the +ve direction. Still, just like this morning, markets appear to be mildly in red as new economic data caused fear about tougher conditions to tame inflation (some business activity and certain PMI rose). This is interesting because popular opinion seems to be that Feds will hike rate in May and then pause. Remains to be seen how the markets close.
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