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Adobe drops & software suffers: buyer’s or seller’s market? 9/15/22

CNBC's "Fast Money"

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The Fed's Going to Have to Get to a Place, and That's Where the Fed May Stop

I think the biggest things right now are going to be a strong labor market, which is wage growth, and also a tight housing market. So even though we are seeing warnings from places like fetx, i don't think that's what the fed is going to need to see in order to lower interest rates here. I did get, i did get some data that to day that does show rates in some cities are peaking. The trouble the fed's going to have is going to take some time for that to work into the data. Still, the fed has to get to a place of three and a quarter to four %.

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