Tough Road Ahead For Investors: Rates & Tightening Will Take Their Toll

The market is now trading at 9% to 10% discount following the year-to-date rally, notes Dave Sekera. He discusses the GDP for 1Q23. He mentions that easy gains are behind us and investors should expect a tough road ahead. He talks about how high interest rates and tightening lending standards will take their toll. He then goes over chances the Fed signals a pause at next week's meeting, as well as the takeaways from earnings season thus far. Additionally, he suggests why the bear market may be over. He examines how investors should approach the current market environment. Tune in to find out more about the stock market today.