Ed Moya – Weak US Economic Data And Bad Tech Earnings; Where Do Markets Go From Here?

May 24, 2022

Ed Moya, Senior Market Analyst at OANDA joins us to recap the weak US economic data released this morning and corresponding market selloff. Flash PMI, Richmond Fed Manufacturing Activity and April new home sales all disappointed to the downside showing the US economy continues to slows. This ties into a discussion on inflation and if this slowdown is exactly what the Fed had in mind. 




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