Closing Bell Overtime: Mixed Market, New Recession Call & Betting On Wrestling 3/8/23
It was a mixed day on Wall Street as investors await Friday's key jobs report, which could determine the Federal Reserve's next interest rate move. Jefferies David Zervos thinks stocks will continue treading water because investors are more confident the Fed will be successful in cooling inflation, but G Squared Private Wealth's Victoria Greene says the bond market is screaming headwinds for stocks. Credit Suisse Chief U.S. Equity Strategist Jonathon Golub explains why bond market signals suggest a recession could still be years away. And CNBC's Alex Sherman discusses his reporting that WWE is in talks to legalize betting on scripted wrestling matches.
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Show Notes
It was a mixed day on Wall Street as investors await Friday's key jobs report, which could determine the Federal Reserve's next interest rate move. Jefferies David Zervos thinks stocks will continue treading water because investors are more confident the Fed will be successful in cooling inflation, but G Squared Private Wealth's Victoria Greene says the bond market is screaming headwinds for stocks. Credit Suisse Chief U.S. Equity Strategist Jonathon Golub explains why bond market signals suggest a recession could still be years away. And CNBC's Alex Sherman discusses his reporting that WWE is in talks to legalize betting on scripted wrestling matches.
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