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

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

Sep 20, 202344 min
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Episode description

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.

 

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Get Ready for “Higher for Longer” and the Full Cost of the Labor Strikes 9/20/23 | CNBC's "Fast Money" podcast - Listen or read transcript on Metacast