The Fed will remain data dependent and reactive rather than anticipatory, says Ahmed Riesgo. He discusses how the S&P 500 and Dow fell to new 2022 lows. He also talks about what the Fed rate hike means for the markets, noting that he believes the Fed will over-tighten. He then goes over how there is considerable uncertainty about the evolution of inflation. Tune in to find out more about the stock market today.
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