A rolling recession for pockets of the economy is already happening, says Liz Ann Sonders. She discusses how futures are mixed as investors eye rising rates. She notes that the 10-year treasury yield hit its highest point since November 2022. She also talks about how the Fed would need more significant deterioration in the economy or labor market in order to cut rates. She then goes over recession conditions to monitor in the economy. She previews the next FOMC meeting which will take place March 21st and 22nd. Tune in to find out more about the stock market today.
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