Closing Bell Overtime: Stocks Sink, Norfolk Southern's CEO On Train Derailment & Coinbase Earnings 2/21/23
Closing Bell
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Is a Strong Economy a Bad Thing?
Investors have left to believe that the Fed would stop at 5% because it seemed like inflation was on the right trajectory. The game changer in the last week has been that easing inflation is not seemingly happening quite as fast and retail sales were blockbuster. We might actually start to see positive earnings surprises, because earnings estimates have been taken down so much already.
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