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The Great Rate Debate: Are Markets Right? 8/18/22

Halftime Report

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The Fed Is Trying to Tighten the Market

I don't feel jim called me out. I'd no idea what hes talking about that the bears have to prove their case. The consumer is not in great shape. As a matter of fact, consumer discretionary earnings were down 18 % in the second quarter. But but the market is benefiting from looser economic conditions than what the fed intended. That's going to end september. So if the place can be stubborn, the feds can be stubborn as well.

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