AMR, VST, BBBY: The Fed's "Baby Steps" To Tackle Inflation

The Fed is taking "baby steps" to tackle inflation, says George Schultze. He discusses how investors can take advantage of distressed securities. He talks about the outlook for the Fed in 2023. He notes that the Fed's baby steps don't amount to a restrictive monetary policy, which remains quite expansionary. He says that if Powell was serious about reducing inflation, interest rates would already be at 8%. He then goes over his stock picks which include being long on Alpha Metallurgical (AMR), Vistra Energy (VST), and short on Bed Bath & Beyond (BBBY). Tune in to find out more about the stock market today.