Fed Says Higher For Longer & Jobs Outlook

There was a lot of other stuff mixed into the soup in the last couple of days, but the takeaways are only higher for longer, says Kenny Polcari. He discusses the path ahead of the Federal Reserve. He also previews the February 2023 CPI and PPI data released next week and the S&P 500 sectors including materials (XLB), energy (XLE), financials (XLF), and health care (XLV). He then talks about the February 2023 jobs report which will be released tomorrow, March 10th. Next, he goes over what the latest labor market data tells investors, as well as positioning strategies to consider in today's market. Tune in to find out more about the stock market today.