Closing Bell Overtime: Stocks Sink in Final Hour of Trade 2/16/23
Closing Bell
00:00
The Fed vs Don't Fight the Tape
There's been a growing divergence between interest rates and stocks, where we know the interest rates have kind of surged back to the upside. We think the moving rate is telling that stocks should begin to resume their downward trend here. So whether we make a marginal new recovery high or not, it's not atypical to see this kind of multi-week lead between rates and stocks.
Play episode from 24:14
Transcript
