February 22, 2023 - Daily Market Briefing
The guys continue to discuss the big sell-off in the market yesterday with rates shocking the market back downward. 10-year interest rates climbed to 1.43%, marking the highest since November 9th of last year. Stocks are down over 3% across the board since February 3rd, and bonds continue to improve as well. Flights are continuing to be grounded due to winter storms, causing several issues for various airline companies. Intel misses guidance, as does TJ Maxx, with expectations looming for each.
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