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

Closing Bell

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Do You Think the New Leadership Is Going to Be Incredibly Well All the Way Through the Fall?

The market knows that the probability precession is much higher next year, and that the fed's likely to continue to raise the front en until they can slow down inflation. So i don't expect at we'll get a huge rally. I think more importantly, i don't believe stocks can act incredibly well all the way through the fall when the earnings go from two, forty three to two, ten or 15 for next year. Do i think there's pockets of things at work? Yes. But i don't think they will.

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