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Final Trading Day of 1H, Markets Jump on Inflation Data, Apple Hits $3T Valuation 6/30/23

Squawk on the Street

00:00

The Fed and the Stock Market Rallying

The market thinks you're closer to the end. And I mean, that does make financial conditions easier. He could have taken that opportunity and said, look, it's more helpful when financial conditions tighten as we tighten policy if we're going to fight inflation but he didn't. So it's kind of a green light to keep on rallying even in the face of higher treasury yields.

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