The Hawkish Vs Dovish Debate Doesn't Matter Too Much

Banks in Europe and Japan are not seeing the same turmoil as U.S. banks, notes Michelle Gibley. She and Kevin Gordon discuss the macro picture after the FOMC rate hike decision. Michelle mentions that market volatility could remain elevated and developed international stocks continue to outperform. They talk about what investors should be watching in the economy. Kevin highlights that the debate over hawkish versus dovish doesn't matter too much, while the underperformance of the "average stock" is concerning. They then go over the takeaways from Powell's press conference. Tune in to find out more about the stock market today.