Apple is coming off a terrible year and Wall Street is torn on whether it's set for more pain or about to skyrocket.

Jan 5 2023 by Business Insider

 

Happy Friday eve, team. Phil Rosen here, reporting from Los Angeles. 

Something to note right off the bat: The Fed released minutes from its December meeting  yesterday, and policymakers seem concerned that bullishness from investors could make fighting inflation harder. 

Basically, if markets rally in part because of expectations for cooling inflation, the opposite could become true.

Asset prices could rocket higher again if investors believe the central bank is about to pull back. This has...

Continue Reading Apple is coming off a terrible year and Wall Street is torn on whether it's set for more pain or about to skyrocket.