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Positioning Ahead of the Fed Rate Hike 9/21/22

Halftime Report

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I Agree With, I Agree Ith Joe. I Have a Small Position in Goldman.

One of the top banking analists, mike mayo, would probably say this is a better environment right now for main street banks versus wall street banks. We have an inverted to flat yield curve that is not good for the banking environment. And then i do believe in the economic cycle, and i do believe we are late stage economic cycle. He's looking at defensive where you want to own consumer staples, utilities and health care. You don't want to have an overweight of financials.

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