Closing Bell Overtime: Bad News Already Priced In? 10/12/22
Closing Bell
00:00
Are They Going to Break Something Along the Way?
Denny: The Fed is pushing this narrative that there has been no improvement in inflation, but core PPI goods prices were unchanged in September for the first time since May of 2020. Denny: They know they've unleashed by not acting sooner and continuing to stimulate long past the point where we had massive recovery in markets and in employment. He says a lot of the things that the Fed needs to have happen are going to lag what they're doing. "I completely agree with Ian. Shut up already. We got it."
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