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Unusual Whales Pod #3 - CPI, Inflation, the Fed, and the larger Macro World

Unusual Whales

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Is There a Recession?

The only way to really get rid of infumation is throhrrecession. Without a recession yet here officially, that poses a lot more risks to earnings and therefore downside risks to equities. The current rally will ultimately fizzle as as the data progresses. Keep in mind the latest fet rate hike, 75 basis points in july. And we're still on this down trend. If you expect suddenly the base to expand by equities, i don't see it at this point.

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