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Forget the Fed, Cruise Control, and The Busiest Day of Earnings Season 7/27/23

The Exchange

00:00

The Soft Landing Is Winning the Day

Bob Pozzani: We're about 42-43% through earnings season 220-219 companies reporting. He says the consensus is the soft landing is winning the day. GDP 2.4%. Jobless claims ticking down, continuing claims ticking down. Durable goods, business investment inside that, doing better. 4.7% beating the estimate by a long way. Steve Leesman: Does the Fed maybe have to do more here?

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