
Market Loses Momentum as Earnings Season Kicks Off 10/14/22
CNBC's "Fast Money"
00:00
The Recession Depends on How Deep the Recession Is Going to Be
We don't know how much of this was a technical bounce. I do believe that Jamie Diamond is probably the most important voice outside of Jerome Powell. commodities, believe it or not, have peaked. Food has not peaked. The problem is gasoline is going to be more expensive next month than it was this month. So we are in a recession and it depends on how deep the recession will get.
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