We are concerned that the market and the Fed think they are done hiking rates, notes Shana Sissel. She discusses how this week’s inflation data will impact the Fed. She talks about how at least one more hike may be required. She continues to believe that a recession will happen, but it remains a mystery as to when we will see the economic downturn. She also previews Nvidia’s (NVDA) earnings which will be reported Tuesday, postmarket. She then goes over her stock picks which include Caterpillar (CAT) and Diamondback Energy (FANG). She outlines market expectations for the rest of the year. Tune in to find out more about the stock market today.
Trading 360
17 Nov 2023
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