Friday's Note | Dec 16, 2022
Happy Friday-
Markets are again selling off continuing the decline that started yesterday. The S&P broke 3,900 on this options expiration day and are now at 3,850. , MegaCap tech are lagging. This week, despite the dovish CPI, we have seen both a more hawkish Fed and several macro data that points to a deeper recession risks. Zillow data shows that ask…
