Yields Driving The Market Today, Slowdown In The Consumer

Published: April 26, 2023, 4:32 p.m.

b'Is the Durable Goods Orders data indicating a continued slowdown with the consumer? Bob Iaccino says that the majority of the recent economic data is weakening. He states that the drop in yields yesterday based on consumer confidence and First Republic (FRC) earnings is what is driving the market. Is what investors see in housing also what is happening in Durable Goods?'