Up 1% on the S&P a little better on the NASDAQ, that's a score card on Wall Street,

but winter's staying late.

Welcome to the closing bell overtime.

I'm John Fort with Morgan Brennan. Yeah, stocks rebelled. The

stock's rebounding over time. I'm John Fort with Morgan Brennan. Yeah, stocks rebounding after yesterday's big late day sell-off following this morning

stronger than expected jobs report.

So how might that data impact the Fed's next move?

We're going to discuss with former Boston Fed President Eric Rosengren ahead.

Plus my interview with Intel CEO Pat Gelsinger after a rough week for Intel.

We're going to bring you the highlights in just a few minutes.

But now let's break down today's market action

with our first guest.

Joining us Bob Elliot, co-founder CEO of Unlimited Funds. Bob, happy Friday. So wages behaved even though

the jobs number was a little hot. Why do you say here neither stocks nor bonds

look great? Well I think the main thing is on the stock side we already have expectations that are

pricing in something like two or two and a half percent real growth through the course of

2024 in that circumstance you know that's basically where we're at with growth

and the employment data largely confirms that I think the real risk is on the

bond side where you know bond yields today printing their

highest close of the year and even there still pricing in cuts from the Fed at a

time when growth is strong, unemployment is at secular

lows, and those pesky inflation pressures keep picking up again, which will

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