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Crazy market week because with each rate hike a reason (or two) for coming pivots. Data confirms.

Eurodollar University

00:00

Is There a Melt Up in the Market?

Jeff Yang: I think we're almost setting up for a melt up. The market like what's going on because they believe that the Fed is going to pause at some point. And so, hey, if my company is trimming staff right now and we have say a really good holiday season, what does that mean for my bottom line? Oh, big fat profits and earnings. Stocks go up. What you see is a lot of people, a lot of money is flowing back into the markets as retail runs to the sidelines.Yang: When the Fed starts to cut or any central bank, it's too late,. something's breaking and they're panicking and then you get the

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