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OANDA – Retail Earnings Unable To Boost Stocks, UK Inflation Hits Highest Level Since 2011, Target Earnings, Mixed Housing Data, Oil Drops, Gold Rises, Bitcoin Hovers ~$60K

Retail Earnings COVID 19 Costco gained a cult following

Decent retail earnings were unable to send US stocks back into a record setting mode as cost pressures remain elevated for the foreseeable future. The S&P 500 index looks like it is going to be stuck in a range until investors feel confident that the Fed didn’t make a policy mistake and won’t be forced […]

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