There is a bias to the downside, there is still a lot of caution out there, says Scott Bauer. He discusses the impact of higher rates on investors. He also talks about how the U.S. dollar (/DX) rose to a 2-week high and the Reserve Bank of Australia raised interest rates by 50 basis points. He then goes over how bitcoin (/BTC) is back down below 29k. Additionally, Target (TGT) warns that profits will take a short-term hit and will mark down unwanted items. Tune in to find out more.
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