Debt Deal Won't Do Much To Reduce Deficit

The economic data on manufacturing remains very weak, notes Kathy Jones. She and Kevin Gordon discusses what a debt ceiling deal means for investors and markets. Kathy mentions that a debt deal won't do much to reduce deficit. They go over this week's notable data which include the JOLTs, ISM Manufacturing Index, and the Employment Situation. Kevin highlights that inflation is not showing signs of slowing to the Fed's target any time soon. They then go over how investors can navigate markets, as well as why inflation data continues to support a hawkish Fed. Tune in to find out more about the stock market today.