This market has been so myopically focused on the direction of interest rates that it seems, investors are almost willing to accept or happy to accept recessionary circumstances, notes Zachary Karabell. He talks about the economic trends ahead of Fed meeting next week. He discusses if we are heading into a recession. He then goes over what investors should be tracking ahead of the Fed meeting June 13-14. He also highlights what the data are saying about U.S. economy, as well as takeaways from the Fed's inflation fight in 2023. Finally, he looks at if Fed hikes doing more harm than good. Tune in to find out more about the stock market today.
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