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Bull Market or Bear Bounce? 1/19/23

Halftime Report

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Bond Market Says Fed Isn't Almost Done

The bond market is where you should be looking for your guidance as to what's going to happen with rates. Jamie diamond doesn't think they're close to done either I want you to listen to what he said out in Davos to our gang and we can react to that on the other side are diamond. So I'm much more focused on what the bond market is saying than what the Fed is saying. Remember at the end of last year the Fed had the Fed funds rate ending 2022 at 0.9 or something like that so the Fed can change pretty quickly.

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