End of the Bear Market Rally? And the Next Frontier in Weight Loss Drugs 3/7/23
CNBC's "Fast Money"
00:00
Michael Contopolis, Richard Bernstein Advisors. What Do We See Today?
I think he needs to say that a hard landing is possible and that we won't cut rates until the unemployment rate goes up, you know, 100, 200 basis points. That's going to get the message across once and for all. But listen, the loosening of financial conditions this year has really been something,. There's an easy way to satisfy what the Fed wants to achieve. And that's to basically say unemployment needs to go up.
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