Wall Street is clearly in a bad mood following the long holiday weekend! The S&P 500, Dow and NASDAQ all slipped lower today, with the Dow losing more than 300 points in in the early afternoon before bouncing back slightly into the close. The reality is investors are not happy with Goldman Sachs ’ ( GS ) mixed quarterly earnings results, the weak numbers from the New York Federal Reserve’s Empire State Manufacturing Survey for December (which showed the lowest level of activity since May 2020), and hawkish comments from Federal Reserve Governor Christopher Waller. He said in a speech that he didn’t see the need for the Fed to cut…
