Fed Will Make Policy Decision 'Meeting By Meeting' Says Powell

<p>The markets will correct the imbalances, says Russell Stone. He discusses the economic impact of rising inflation and higher rates. He notes that Powell says that the Fed will make policy decision 'meeting by meeting.' Russell also says that investors should be patient while reducing debt to prepare for a great buying opportunity. He then goes over how the market losses are gaining steam as Powell warns of continued hikes. He mentions portfolio allocation in a volatile market. Tune in to find out more about the stock market today.</p>