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It's Good That Stocks Are Pulling Back
Schwab Network
English - February 15, 2023 21:38 - 7 minutes - 81.7 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Harder The Fed Pushes, The Worse For The Treasury's Fiscal Position
Next Episode: Bitcoin Breakout & Natural Gas Pressures
Stocks pulling back after a huge rally in January is actually good, says Jimmy Lee. He discusses the takeaways from today's retail sales data. He also talks about the outlook for the Fed following this week's data. He notes that there is still a consensus from a sentiment point of view that this is another bear market rally. He then goes over how over the course of the year he thinks bonds will continue to rally, as they did in January. He also mentions portfolio positioning in a volatile market. Tune in to find out more about the stock market today.