Stocks Ride Roller Coaster Ahead of Fed, and Will Tesla’s Pain Lead to Gains for Legacy Automakers? 12/13/22
CNBC's "Fast Money"
00:00
Do You Think We're Going to Have a Soft Landing?
Ten-year yields going lower suggests a market that's slowing down. It does not suggest that the Fed has your back, and I don't think they do. The stock market is telling you the base case is for a soft landing,. That's kind of the base case right here. And really with this S&P where it is right now, right around 4,000 doesn't encapsulate what is likely to be something a little worse than the base case scenario.
Play episode from 01:49
Transcript
