It's clear we are in a period of stagflation, says Michael Gayed of Toroso Investments. He says the Fed is going to have to pull out its 1970 playbook. He adds, it feels like the 2013 taper tantrum without the taper. He thinks any sizable break in stocks likely happens with crypto leading the way lower. He says leading indicators including utilities and treasuries are starting to warn we are in a risk-off period ahead. Tune in for the discussion with Nicole for more details.