Nicoletti’s Notes
“Bringing only the facts you need to know to make your trading simple and easy.”
- US Debt downgraded.
- Recent weakness in stocks
- Worst week in five months
- Watching recent August 2022 highs
- Higher interest rates for longer
- Treasury yields new year to date highs
- International travel outperforms domestic travel at the moment
- The corporate earnings season has so far been better-than-expected. Roughly 85% of S&P 500 stocks have reported quarterly results, and nearly 80% of them have beaten Wall Street’s expectations, according to FactSet.
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