CNBC Fast July 3, 2024
4. 65 after that cpi report. Shannon, i feel we have a push pull going on in the market between higher for longer, is the fed done, is inflation coming down fast enough . Is the economy going to hang in there . Thats why we cant seem to get out of this near term range weve been in. Whink about that part of the conversation, the push pull . Theres an oscillation. Earlier in the year we were looking for the fed to be done and then there were the concerns the fed would be done if we were entering into a recessionary scenario. We are seeing the challenges of the lags and the structural and transit...