February 2, 2023 - Daily Market Briefing

Feb 2, 2023 · 21m 41s
February 2, 2023 - Daily Market Briefing
Description

The guys discuss the data and central bank recaps. The FED appears to be hawkish regarding ongoing increases, but there was acknowledgment of a need for substantially more evidence. Bank...

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The guys discuss the data and central bank recaps. The FED appears to be hawkish regarding ongoing increases, but there was acknowledgment of a need for substantially more evidence. Bank of England continues to tighten at 50bps at a time towards the target 4%. Overall sentiment is that the FED is certainly less hawkish than they have been in quite some time, but it's much too early to claim they have become dovish.

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Author Narwhal Capital Management
Organization Narwhal Capital Management
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