25 BPS Hike Will Be Tricky With Strong Hiring & Decreasing Inflation

If we're going to pull off a soft landing, the consumer has to remain strong and resilient, notes Anne McCabe. She discusses key takeaways from the July consumer confidence report. She talks about how the Fed 25BPS increase will happen, but in a tricky situation with inflation decreasing while growth and hiring are strong. She then goes over how participation from sectors outside of tech are crucial for the market rally to continue. She also looks at core bonds strategies to consider, as well as key data to watch in earnings reports. Tune in to find out more about the stock market today.