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Buy the Bounce? 7/8/22

Halftime Report

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The Fed Needs to Go Through With a 75 Bpi Rate Hike

I think it's been really clear from all the comments from the fed governors over the last couple of weeks, that they know they have to remain strong and steadfast. I couldn't agree with jim moore on the p p i. That is the most important number now, because we're looking at wage growth that's actually starting to trend lower on a nominal basis. Where you go over the next 12, 18 months is just as important as your view on what g d p is going to be. Because the economy here in the united states is not going to go back to where we were in two thousand 19 It's going to look different.

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