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Closing Bell Overtime: Big Bear Makes a Big Aboutface 10/3/22

Closing Bell

00:00

The Fed's Stopping Is Not a Reason to Buy Equities

Inflation, real time, is falling sharply. We think the Fed's last hike is going to be December 14th. When this market gets a whiff that the Fed is almost done, the first reaction is that we are going to have a sharp rally. The bottom line is that it's a lose, lose situation. If we go higher, the Fed gets more aggressive and if we go lower, then obviously we're going lower"

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