Mellody Hobson’s & Bill Miller’s Investing Advice; The SOTU Breakdown
Squawk Pod
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Do You Think the Fed Is Going to Be More Aggressive This Year?
We had seven great investors on the phone, all on the zoom. They were expecting between four and six rate heights this year alone. And they thought that the fedwas their hand was forced,. That they were going to have to move in order to get a imflation in hand. But i'm less worried about inflation, actually, becky, than i guess most people are. Because if you look at companies like cleveland cliffs, for example, the big steel company, man, the steel price expected ta fall gnificantly next year.
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