
A Strong End to a Rough Week, But Will Momentum Hold When Earnings Kick Into High Gear 7/15/22
CNBC's "Fast Money"
00:00
Investing in the Job Market
The economy is not where it needs to be. Companies are keeping prices higher to help maybe mass some of that unit demand slowdown, which i think we are seeing. The same earnings that led to j p morgan being down five % yesterday, are now the same earnings that lead to he being up four % today. That tells me that the mackerel picture, very h is still what is in play. And for that reason, and the volatility around it, is e reason fher I'm just not really ready to buy into it quite yet.
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