Stocks Sink on Hot Inflation Report, and Apple Breaks Below Key Level 2/24/23
CNBC's "Fast Money"
00:00
What Should Today's Action Tell You, Guy?
The market is finally lining up to what the fundamentals suggested should be doing, Mike Bownstalk says. The 10-year did not break 4%, which a lot of people thought was important, even though we saw yield surge this entire week across the curve. We see a lot of this essentially working its way through the system and I think you could start seeing meaningful S&P earnings decline," he adds.
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