
Surveillance: Slowing Economy with Hyman (Podcast)
Bloomberg Surveillance
00:00
The Market Is Over Expecting a Fed Pivot
When the market reacts to really negative news with a stabilizing stock price, or perhaps a higher cries, that's, that's a positive sign on the technicals. So we've had companies that that have cut guidance by forty %, and their stocks are now higher by ten% than they were before. That seems to suggest it in some sectors, you've already had the cut that is necessary to then go forward and grow from there. It's not happened everywhere. And obviously it hasn't happened in large cap tak, which is what is holding up the market right now. We do think that the market is over expecting a fed pivot in the near term. I can't see
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