
Closing Bell: Are Rate Hikes Working? 3/3/23
Closing Bell
00:00
Is There a New Bull Market?
I don't see it possible that we're in the beginning of a new bull market. The Fed is still raising rates, you have an inverted yield curve and multiples are high. I think we have a ceiling on equity prices because the Fed doesn't know the terminal value. Nalcom: If the Fed decides to go 6% plus, the professor loses me a little bit.
Play episode from 14:31
Transcript


