Unemployment Needs To Rise Before Fed Takes “Potential Hike” Off The Table

The Fed will continue to take notice of hot inflation numbers, notes Jason Bottenfield. He discusses how the Fed will react to the latest inflation and retail sales print. He talks about how a choppy October before a small holiday rally is still possible. He highlights that we need to see unemployment go up across the board for a precise data point that enables the Fed to take a “potential hike” off the table. He looks at how the labor market is affecting the Fed. He then forecasts a potential recession. He outlines how investors can take advantage of a high-rate environment. Tune in to find out more about the stock market today.