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Markets in Rally Mode, Plus What’s Next for China 10/17/22

CNBC's "Fast Money"

00:00

Inflation Is Going Down

A year ago people were raising prices five 10 15 percent and now they're saying whoa wait a minute I'm not going to pay that for that right. Now's the time where inflation does come down what I think we need to worry about more is why are we stuck on this two percent inflation rate? The Fed sees something hey CPI isn't cracking CPI is plateauing around six percent we need to get it down but when you and I look at things what you see is a situation where the underlying fundamentals are starting to roll over.

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