Post by
BayWall on Apr 18, 2023 5:36pm
Downdraft
The best I could find for stock declines--Hawkish Fed comments on Tuesday were bearish for stocks. St. Louis Fed President Bullard said the Fed should keep raising interest rates after recent data showed inflation remains persistent. Also, Atlanta Fed President Bostic said he favors going on hold after delivering one more rate hike and then holding rates above 5% for "quite some time."
Also it seems renewable energy developers' 1Q EPS could will fall below last year's 1Q. EPS across the board. Northland no exception.