The recent rise in rates is starting to reflect the true nature of the Fed’s intentions, notes Mark Giambrone. He discusses how this week’s inflation data impacts the Fed. The Fed’s Kashkari noted that possible higher bond yields mean the Fed can do less. Mark doesn’t agree with the consensus view that the market is “pricing for perfection” with a soft landing. He then goes over investing themes to monitor in today’s market. He also looks at the case for A.I. adoption. Tune in to find out more about the stock market today.
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11 Oct 2023
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