
An Apple-Led Rally, and Trading Berkshire’s Bets 5/5/23
CNBC's "Fast Money"
00:00
The Fed's May Rate Cut Could Predict a June Rate Cut
If the perception is another hike would be, you know, bad for the markets. If we're looking at a rate cut in July or sometime in the fall, this is a problem. Apple's earnings were solid, but I still see things under the surface that make me think that the equity market's going to have a hard time moving significantly higher from where we are today.
Play episode from 05:12
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