The Negative Correlation Between Stock Price and Revenue

Marty Fritzen is the Dean of High Yield on Wall Street and a double Harvard man. His new book, "Top Stock Pickers," has just been published by Hodder & Stoughton. He says people are overly optimistic about how soon the Fed will stop raising rates or turn around and start lowering rates. The fact that we haven't yet seen falling off the cliff, the economy doesn't mean you won't have a hard landing as a result of what the Fed has done., he adds.