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There is no joy in US stocks. Major indices still under pressure.

There is no joy in US stocks.  Major indices still under pressure.
There is now joy in US stocks, despite what has been more favorable earnings. The idea of a slowing economy is just not sitting well despite the fact that the economy is showing fairly decent strength (see durable goods orders and GDP but is it a last hoorah?). Also, the fear of rates rising remains a real threat, and that idea is not solely dependent on the Fed, but also global investor demand (demand from overseas investors in the five-year note auction yesterday was horrible), higher govern... Read More
Posted: Oct 26 2023, 14:34
Author Name: forexlive
Views: 112569

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