Stocks are down as the UAW goes on strike. Over 12,000 worders have gone on strike at three plants. The fundamentals will always win; we are in the late innings of a bear market rally, notes Eddie Ghabour. He evaluates current market conditions. He talks about how the Fed isn’t cutting anytime soon and we don’t know how much longer business can last in the current environment. He also goes over how investors should position their portfolios. He says to get used to the new norm of higher for longer and that the cost of capital will be what ultimately breaks this economy. Tune in to find out more about the stock market today.
Trading 360
15 Sep 2023
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