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What “Higher for Longer” Means for the Markets and Economy 12/14/22

CNBC's "Fast Money"

00:00

Fed Day - Should the Markets Sell Off Into the Close?

The VIX was down almost 7% today. The message of relief is that people have a sense of what they need from the Fed. We've priced in the Fed, I mean the Fed was $34.50 on the S&P two months ago. Ultimately for equities, the problem and the benefit here of this is that lower growth for longer is certainly not great but it's not a credit crisis.

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