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Morning Note | April 27, 2023
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Morning Note | April 27, 2023

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Yield Hunting
Apr 27, 2023
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Morning Note | April 27, 2023
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Good Morning!

Markets are opening higher as tech earnings, especially from Meta Platforms, boosts buying activity-  META is +11% pre-market.  US GDP came in at just +1.1%, well below the consensus estimate of +2.0%.  We also had the Fed's preferred inflation gauge, PCE, come in hotter than expected at +4.2% vs +3.7% estimated.

Despite the bad hard economi…

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