
Closing Bell Overtime 12/6/22
Closing Bell
00:00
What's 2023 Going to Bring?
Jeffrey Gunlock: It's possible that we see reallocation as we enter 2023. Morgan Stanley announcing, they're cutting something like 2% of their workforce. The data have been so good; it does look like this recession now is not going to happen in the first quarter. And if that's the case, we may not be done with a 5% or 525 Fed funds rate.
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