This indicator may be flagging a stock slide in 2023. How the Fed and US banks could bring markets down.
Wall Street is pointing to a weak open ahead of Tuesday’s earnings from Microsoft and other big names. That’s a day after soft-economic landing hopes fueled fresh 2023 highs for the S&P 500 SPX, -0.33% and Nasdaq Composite COMP, -0.15%. Diving straight in, our call of the day taps into a potential market worry that …