Fed minutes cool market, Salesforce job cuts, McCarthy and the market 1/4/23
The major averages were heading for solid gains throughout the session, but a hawkish tone in the Fed minutes put a pause on the rally. Anastasia Amoroso from iCapital weighs in on the Fed\u2019s messaging and the impact on her outlook. Cowen CEO Jeff Solomon discusses his outlook for IPOs in 2023 and what needs to happen to jumpstart new listings. Mark Zandi from Moody\u2019s breaks down the slew of job cuts in the tech sector, including news today of layoffs at Salesforce. Plus what Kevin McCarthy\u2019s contentious House Speaker bid means for the market, and the latest on Microsoft, Amazon, and Chinese tech.