‘Slower, not lower’; Labor Pains; and Cropped Gains 11/3/22
Fed Chair Jerome Powell’s message of “slower, but not lower” is sending stocks into the red in today’s session, as bond yields rise again. What does it all mean for your money? We’ll look at how to position now. Plus, we’re less than 24 hours away from the crucial monthly jobs report. One expert sees a trend forming that doesn’t bode well for the Fed’s fight against inflation, and he’ll join us to explain why. And, we’ll speak with the CEO of CF Industries about making fertilizer, feeding the world and dealing with higher natural gas costs.
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