Bloomberg Market Wrap 1/11: Financials, S&P 500 and Retail Stocks

The video discusses financial market trends, focusing on bank earnings, the S&P 500's recent performance, and the retail sector's challenges. It highlights the impact of tax reforms, deregulation, and the flattening yield curve on banks, as well as the volatility in the S&P 500. The retail sector is analyzed, with emphasis on Macy's profit warning and its effects on other stocks, including Tiffany.

What impact did Macy's profit warning have on the retail sector?

What are the expectations for Tiffany's holiday sales update, and how are short sellers reacting?