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Stocks Drop as Markets Await Fed, and Understanding the APEs 8/22/22

CNBC's "Fast Money"

00:00

Is the Fed Going to Pivot?

We're a long way from where you where the fed could be forced to not pivot. But i don't know that it's inflation that already piked and is coming down. What we may want to watch is the second mandate, which is full employment. If unemployment picks up in an election year, in the economy trends toward recesio. The data is very clear with the market correlates with the direction of earnings. Heurnins: We are going to leave there about forty times an hour when we're seeing poor money supply and real apity.

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