Things seem to be looking up on the market front.
Despite the talk of recession, cost of living crisis, inflation still dominating the headlines, as is often the case the corporate world seems to be ignoring all of this and posting, on the whole, some pretty impressive results.
Many of the large US corporations are currently reporting results and in many cases they are defying expectations.
Amazon for example posted some fairly impressive numbers yesterday which sent the share price up 7% or so in after hours trading, also lifting the shares of many other US technology companies in the process.
These are the kinds of ‘victories’ that tend not to make the front pages, however these kinds of stories seem to be fairly common right now as we see some impressive numbers posted by various companies across various market sectors.
Now of course, not every set of results is going to look so rosey, but let’s take the wins where we can.
I think that maybe … just maybe … we are starting to see some light at the end of the economic tunnel!
