"Don't Fight The Fed" Works Both Ways

<p>"Don't fight the Fed" works both ways, says Danielle DiMartino. She talks about how Powell has made it clear that rates are going to be higher for longer. Powell said that the ultimate level of rates are likely higher than previously expected. She then goes over the January 2023 JOLTs report. Job openings came in at 10.824M versus an estimated 11.234M. She also mentions upcoming jobs data to be released on Thursday and Friday. Tune in to find out more about the stock market today.</p>