US stocks are declining after retail earnings suggest margin worries are here and it will only get worse as the Fed is likely to deliver more tightening into early summer. Treasury yields are surging here as a tight labor market will force the Fed to do more tightening. Retailer earnings are suggesting it is going to be a tough year ahead and that should keep the pressure on stocks.
Geopolitics
Russia’s Vladimir Putin’s State of the Union speech suspended participation in a key nuclear arms p
21-02-2023 07:48 GMT
by Edward Moya