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February 9, 2023 - Daily Market Briefing
Published 3 years, 8 months ago
Description
The guys discuss an exceptionally strong 10-year auction yesterday in the bond market. The auction saw a high level of international demand and a fairly low domestic participation. Disney earnings showed a miss on subscriber count but a beat on profit, sending the stock upwards 7% before market open today. Affirm continues to get punished in this market as their stock fell another 20% with terrible earnings reports. A bidding war between Jim Ratcliffe and the Qataris continues over the purchase of Manchester United.
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For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefings
Please see disclosures:
https://www.narwhalcapital.com/disclosure