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Stocks Slump on Strong Jobs Report, “Fedspeak” and Rate Hikes, the Future for Meta's "Threads" 7/6/23

Squawk on the Street

00:00

The Risks of Working From Home on Fridays

Kramer: Are stocks materially more vulnerable with the 10-year above four? Yes, absolutely. We're cut now getting priced out September of next year, 2024. There's not going to be cuts. I bet you if we go back and look at the people who said that they were going to start cutting this year, we would find people who right now are seeking other jobs. Zaz is making it so that they can have cash flow. That includes firing 30 people whom he does admit he had no idea what they did.

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