Is Another 25BPS Rate Hike The Tipping Point?

I think we are at a tipping point right now, notes Ed Siddell. He discusses how markets edge higher as investors await key inflation data. He talks about signs the economy may be at a tipping point, as well as expectations for FOMC July rate decision. Ed mentions that the anticipated 25BPS rate hike will further strain the banking balance sheets. He then goes over what a tightening credit market indicates about the health of the economy and strategies to consider in the current environment. He also highlights that credit is already tightening. Tune in to find out more about the stock market today.