Is the Rally Behind Us? And Did Biden’s Latest Blunder Derail Progress With China? 6/21/23
CNBC's "Fast Money"
00:00
The Fed's View on the Yield Curve
The market has been fighting the Fed the whole time with a different outlook on inflation. The only sign that it will really have had a significant effect on the economy to bring down inflation is something like the labor market breaking or something like the stock market selling off. David Rosenberg: 90% of the time during hiking cycles that the stock market rallies into it until after rates are raised, and then sells off afterwards.
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