The Fed Is Done Hiking Rates

On Friday, we expected a weaker employment number, coupled with the trifecta of weak jolts, Lower GDP and tame PCE, and we were satisfied by the initial result, a steeper curve and lower rates small-cap stocks lag in early Tuesday trading, notes Andrew Brenner. He talks about how Goldman Sachs lowers its 12-month recession outlook to 15% from 20%. He talks about how he thinks the Fed is done hiking rates. He also goes over how Piscataqua Research put out a piece saying the Fed is losing about 2 billion a week on higher interest rates, totaling about 77 billion so far this year as of late August. He the looks at what investors need to watch this week. Tune in to find out more about the stock market today.