The worst of the pull back behind us? Ye, for most scenarios i say yes. And that doesn't mean there's not further downside. Do take note of the fact that sentiment continues to be negative. I think some of thehedge funds are pressing their shorts,. A lot of it as around earnings and the expectation that earnings estimates need to be cut.
Bloomberg News Technology Reporter Mark Bergen explains that Google plans to slow hiring for the remainder of the year in the face of a potential economic recession. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Markets Reporter Justina Lee talk about Justina's Businessweek Magazine story How Three Arrows Capital Blew Up and Set Off a Crypto Contagion. Saks CEO Marc Metrick shares the details of the Saks Pulse survey on luxury goods spending. Cheryl Pate, Senior Portfolio Manager at Angel Oak Capital, provides a preview of bank earnings. And we Drive to the Close with Eddie Perkin, Chief Investment Officer for Equity at Eaton Vance.
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