The View from 5th Avenue

The View from 5th Avenue – 27 April 2023

Does it ever feel like we’ve been here before? Well, spoiler alert- we have! Just 2 days ago, in fact, and a few times earlier this month, and back in Feb, and… While recessionary worries, debt ceiling concerns, and a faltering FRC (+8.8%) have overshadowed an earnings season kicking into full gear, don’t blink because TECH has come to save the day! For today, anyhow. and we’ll see about tomorrow. The terrible-breadth-80%-double-down-days we just endured are now in the rear-view mirror, and…

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