The Fed slowed the pace of rate increases, and the pause is appropriate but probably not likely, says Tony Drake. He discusses how the market sell-off continues after the latest Fed rate hike. He talks about how any jump in the market may be tamed by the Fed "Jackson Holing" it. He notes that the Fed follows the 2 Year, it's below the Fed funds rate. He then goes over how long the Fed's rate hikes will take to filter through the economy. Tune in to find out more about the stock market today.