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MRKT Call: Stock Market Rally Stalls

RiskReversal Pod

00:00

The Bear Stearns and the KRE

4,300 S&P is pricing in a soft landing. 100%. It's pricing in unemployment not ticking much higher than 4.1, 4.2%. GDP probably hovering around 2, 2.1% or so. And inflation may be continuing to come lower in the form of 4.9% down to 4.5%. I mean, I'm just telling you right now, something along the way is going to break. But technically, it seems like it's trying to bottom here.

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