Wall Street

Wall Street Digests Mixed Retail Earnings

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ValueWalk

Wall Street digests mixed retail earnings, Mester remains very hawkish, Oil market stays tight, Gold ready to shine, a Crypto fund ordered to liquidate – OANDA US stocks softened after key earnings from retailers provided limited optimism for the rest of the year and as rising long-term inflation expectations could tilt the Fed into sending the economy into a recession. Record inflation for Spain caught everyone’s attention, as traders shrugged off the temporary improvement with pricing pressures from Germany, which are only coming down from the highest levels in nearly a century. Q1 2022 hedg…

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