CNBC's "Fast Money" cover image

The Great Market Disconnect, and the Chart Master Updates His Apple Call 2/17/23

CNBC's "Fast Money"

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Is the Fed Adding a Rate Hike to the S&P 500?

The economy is in a place where I just we don't see earnings falling off a map and that's really important for this equity move. Cash levels are still extremely high people have been nervous are keeping a lot of cash on hand which is the problem for the Fed. Even Mike Wilson who's probably the biggest bearer on the street has said that if we could navigate through the first half of this yearI don't want to say that we're in the clear but we've kind of avoided the huge onslaught that the bears were talking about all right let's get started.

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