The bond market has become more aligned with the Fed, says Eric Sterner. He discusses how stocks are mixed as Tesla (TSLA) drags on tech. He talks about how S&P 500 sector performance has flip flopped when comparing 2022 to 2023 so far. He notes that he expects more downside risk in the coming months; while the economy has shown signs of cooling, the consumer and labor markets have remained resilient. He then goes over investing in a high-rate high-inflation environment. Tune in to find out more about the stock market today.
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