Economy Is Resilient & Labor Market Robust Despite Rate Hikes

The economy has been resilient, and the labor market is robust despite rate hikes, notes Greg McBride. He evaluates the Fed's inflation fight. He talks about how the trend of core inflation is less than impressive, and still well above that target. Additionally, credit card, home equity, and car loan rates are at their highest levels in years. He then goes over how the market is reacting to the Fed's rate hikes. He also looks at why markets are rallying despite higher rates, as well as investment strategist in a high-rate market. Tune in to find out more about futures and the stock market today.