Inflation Hot But Rising At A Slower Rate, Mixed Earnings Reports

<p>"There have been mixed earnings reports recently especially with mega-cap names and a small percentage will look good. The Federal Reserve has created headwinds for risk assets because it wants to slow inflation. With layoffs, companies are trying to cut their excess expenses and short bottom lines, which could cause future earnings calls to look good. However, this has a strong impact on American families," says Kyle O'Dell.</p>