Rates Hit 16-Year High, and Zuck and Musk Square Off Amid Threads Launch 7/6/23
CNBC's "Fast Money"
00:00
The Fed Is Dead Serious About Keeping Rates Higher for Longer
Rosenberg Research Founder and President David Rosenberg joins us now. He says the Fed is dead serious about keeping rates higher for longer, and that chasing high flyers can only end in tears. The stock market at any given moment of time is going to be influenced by a whole range of factors, he adds. "I don't think we can argue in 19 multiple, that's pretty rich"
Play episode from 08:22
Transcript
