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Closing Bell Overtime: Where Retail Is Investing; What Today’s Ruling Against The FTC Means For Microsoft, Activision Billzard 7/11/23

Closing Bell

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The Fed's Soft Landing Scammed the Market

The Dow Jones Industrial Average is up about a little under 4% so far this year. Why do you think that hasn't been reflected in short-term interest rates? Is it just because the Fed has continued to be hawkish and you have something like another hike in play now for July or is it something else? Yeah, I'm a little bit baffled by that, Morgan. I'm going to break the cardinal rule of strategists and say, I don't know. There's time.

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