The bond market is caught between worries about banking problems and the Fed's tightening policies, notes Kathy Jones. She and Randy Frederick discuss the takeaways from today's market action. Kathy mentions that the Fed funds futures market is still pricing in rate cuts at the end of 2023. They then go over the outlook for the economy follow banking fallout. They also question if investors should hide out in tech, and if the Fed could abandon its inflation-fighting goal. Finally, they highlight if the economy will slow at a faster rate than expected. Tune in to find out more about the stock market today.
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