Stocks Sink on Hot Inflation Report, and Apple Breaks Below Key Level 2/24/23
CNBC's "Fast Money"
00:00
Is the Fed Cutting?
If the Fed's cutting and there's a recession, then those initial rate cuts are typically are quite negative for equities. Historically, the timing from the last hike to the first ease is about three months. Over the last five cycles, it's more elongated out to maybe like 11 or 12 months. These are all classic cyclical signs that the Fed has overdone it.
Play episode from 11:07
Transcript
