Closing Bell: Are Rate Hikes Working? 3/3/23

It’s a big week ahead for investors with the jobs report looming – a key read on the state of inflation. That critical piece of data comes as some on the Fed wonder whether rate hikes are working to slow things down.  Professor Jeremy Siegel of the Wharton School gives his take on what it means for your money. Plus, Fundstrat’s Tom Lee is forecasting a strong bounce for stocks. He makes his case – and explains the level he thinks we could hit in the next two months. And, can Tesla continue its strong run? Bryn Talkington of Requisite Capital Management gives her take.

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