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Closing Bell Overtime: The Fate of Stocks 8/22/22

Closing Bell

00:00

What's Possible, Scott? Is That Possible?

Rents are going up one % a month everywhere, and it hasn't paused for a mill a second. If people got excited that there was a roll over because energy and food came down a little bit, they have to kind of take a step back and sae its owner's equivalent rent. There's no way they can get it to two % in one year. That would be a giant rocession to make that hapit. So i think that t would be silly to try to do that. And the fact that that could be market moving, you buy that it could be.

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