Bank Of Japan Hints At Change & Fed Continues To Hike Rates

Stocks are seeing a rebound which picked up notably after the sharp drop in durable goods orders, says Jeffrey Kleintop. He and Cooper Howard discuss the outlook for global central bank policy. Jeffrey also notes that the dollar (/DX) ended its best week since September after tumbling in 4Q January, and the likely new heard of the Bank of Japan hinted at a coming change with potential global impacts on financial markets. They then go over the market impact of a continued hawkish Fed. Cooper says that the big story continues to be how high the Fed will hike rates and how long they will hold there. He suggests investors stay up in credit quality and extend duration if they've been staying too short. Tune in to find out more about the stock market today.