CNBC Fast July 4, 2024
My bottom line, josh, until rates and apple stabilize, the market is not going to stabilize. I think the big picture thing to bear in mind is what were seeing this month is wholly of a piece what typically happens in august, what typically happens august in the third year of the president ial cycle, and coming out of an earnings season that, quite frankly, was not great but not terrible and better than expected on a lot of fronts. You had stocks run up into that better than expected earnings in most cases and then you had profit taking. Buy the rumor, sell the news none of this is foreign. Non...