Closing Bell Overtime: Red Hot Rally 8/10/22
Cooling inflation numbers sparked a big rally on Wall Street. So, is today’s CPI number further proof the fed is successfully engineering a soft landing – and is the pivot in play? Josh Brown of Ritholtz Wealth Management gives his take. Plus, Wells Fargo’s Mike Mayo sees more upside for the banks. He breaks down the reasons why. Plus – reaction to Disney, Bumble and more all reporting results in overtime.
August 10, 202244m 30s
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Show Notes
Cooling inflation numbers sparked a big rally on Wall Street. So, is today’s CPI number further proof the fed is successfully engineering a soft landing – and is the pivot in play? Josh Brown of Ritholtz Wealth Management gives his take. Plus, Wells Fargo’s Mike Mayo sees more upside for the banks. He breaks down the reasons why. Plus – reaction to Disney, Bumble and more all reporting results in overtime. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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