Markets Rally as Congress Reaches a Debt Deal, and BABA Posts 5th Best Day Ever Description:
CNBC's "Fast Money"
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When Do We Think the Things Might Stop Working?
When do we think the things might stop working? For this kind of it doesn't necesrally have to be a macro factor, because when you're talking about stocks that have had these massive runs, it could be anything. I'd say the combination of higher rates, of a higher dollar and higher energy cost is a nightmare for corporate earnings. So i wouldn't expect to see really squishy c four guidance, not a lot of visitability beyond that, and maybe some peak margins here.
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