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Get Ready for “Higher for Longer” and the Full Cost of the Labor Strikes 9/20/23

Get Ready for “Higher for Longer” and the Full Cost of the Labor Strikes 9/20/23

Stocks closed near their lows of the day after Fed Chair Jerome Powell reiterated his intent to keep rates high and said that a soft landing for the economy is not the base case scenario. We break down all the action in the market today. Plus more details on the UAW negotiations. What all the strikes are costing the economy. Fast Money Disclaimer

CNBC's "Fast Money"

September 20, 202344m 25s

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Show Notes

Stocks closed near their lows of the day after Fed Chair Jerome Powell reiterated his intent to keep rates high and said that a soft landing for the economy is not the base case scenario. We break down all the action in the market today. Plus more details on the UAW negotiations. What all the strikes are costing the economy.

 

Fast Money Disclaimer


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