The Tech Tailwind 5/23/23
Halftime Report
00:00
Cleveland Cliffs: The Fed Can't Raise Rates
If the Fed continues to raise rates, it becomes awfully hard for this economy to hang in there. Cleveland Cliffs is a company that has controlled its raw material inputs by buying scrap metal. It's locked in contract pricing with one third of its customers, which are auto OEMs. So when you look at a company level, you can get excited.
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