Is the Market Mispricing the Fed?

The pace of U.S. inflation slowed again in December as overall consumer prices fell by 0.1% month-over-month, according to the latest CPI report. Stocks ticked higher as a result, and the market is now pricing in a 25-basis point interest rate hike from the Fed next month. On today’s show, Maggie Lake is joined by Dr. Komal Sri-Kumar, president of Sri-Kumar Global Strategies, to hear why he believes the market is getting ahead of itself with this latest rally and why the Fed has lost credibility. We’ll also hear from Andreas Steno Larsen on why he prefers precious metals over energy as China reopens. You can check out Andreas’ new series, Steno’s Signals, right here: https://rvtv.io/3iuIO8j Learn more about your ad choices. Visit podcastchoices.com/adchoices