The Market Plays the Role of the Great Humorous

The economy slowing down would be maybe the best thing for the stock market. When you look at really what the S&P did in the last couple of days, it doesn't look any different than any other sequence of buying and selling we've seen all year. I think inevitably, when you raise interest rates, this magnitude, some sort of an economic recession will be the byproduct of it. And how we get there, how long it takes for the market to react, whether the market goes high or first is a big question.