On The Markets with Gabelli Funds' Charlie LaRosa: April 2023
http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554) Charlie LaRosa, Vice President of the Value team at Gabelli, discusses our take "On the Markets" for April 2023. Stocks moved slightly higher in April as better-than-expected Q1 earnings, despite a lower bar, helped temper recession fears for now. Consumers remained resilient notwithstanding persistent inflation and other economic headwinds. Some positive themes from Q1 earnings season included better-than-feared regional bank results, strong mega-cap tech results, as well as better trends around cost controls, inventories and supply chain.