Major indices are suffering their second straight losing month. Jim Bianco talks about how inflation has bottomed for the year but drifting higher. He goes over how he’s in the “no-landing” camp. He notes that inflation matters more than growth for Fed policy. He doesn’t think the Fed will cut rates next year unless the economy tanks. He then looks at how sticky inflation will impact the Fed and stocks. Tune in to find out more about the stock market today.
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