Reply To: Traders Market Weekly: Big Three Central Banks Resolve to be Tested.

26 Jan '23 at 9:15 am #52117
CautiousInvestor
Keymaster

U.S. GDP grew 2.9% annual rate during Q4-2022
but due to holidays & likely Q1 will be lower as recession predicted later in 2023
And hot GDP # means FED ain’t done on future interest rate hikes
NASDAQ up about 70 & DOW is down about 70 points … and Traders digest the news