January 5, 2023 - Daily Market Briefing

Tom and Ben discuss the state of the jobs market. Amazon to lay off a considerable number of employees in the coming months, and ISM and ADP employment numbers are set to be released later today. Fed minutes reflect a continued focus on defeating inflation with sentiment being that further tightening will be required. Western Digital is revisiting the idea of consolidation of Kioxia, but time will tell if it actually happens.For information on how to join the Zoom calls live each morning at 8:30 EST, visit https://www.narwhalcapital.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhalcapital.com/disclosure