The road ahead may be rocky if strong Fed cuts don’t materialize, notes David Neuhauser. He talks about how inflation is structurally embedded, and stagflation is upon us. He also mentions that a hard landing remains a real possibility. He gives an overview of the markets as the Bank of England and European Central Bank leave rates unchanged. He also highlights why he’s shorting Tesla (TSLA). Tune in to find out more about the stock market today.
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