Stephen Guilfoyle in his Market Recon column looks at the market overcoming Microsoft's (MSFT) lackluster results, the S&P 500 leveling off, the Bank of Canada's wisdom in holding interest rates in place, Chevron's coming earnings and Lael Brainard's possible exit from the Fed..MSFT
Stephen Guilfoyle in his Market Recon column sees unknowns galore entering 2023, is hunkering down for a recession as yield spreads remain inverted, checks out Thursday's Santa Claus market cameo and wonders whether Coca-Cola (KO) shares can pop..XLE
The move higher for yields put some pressure on the technology sector and growth type names that have lost the right to be called 'growth' types in 2022..XLK