Michael, thank you very much. Welcome everybody to overtime. I'm Scott Wapner, you just heard the bells. We are just getting started from Post 9 here at the New York Stock Exchange.

In just a little bit, we're going to tee up a debate between two market watchers with completely

opposite views on stocks, both of whom have stated their cases right on this show.

Ed Yardenny, who says the lows lows are in and caners Eric Johnston who

argues not even close. They go head to head, straight ahead.

N exp earnings are imminent as well. Christina Parts and Novella standing by to break in

with those details and the all-important stock move. That space has gotten off to a really good

start this year. We begin though with our talk of the tape, four days that could change the road of

this market for months the Fed meeting starting tomorrow earnings from

meta Amazon alphabet and apple jobs on Friday and all of it in focus with your money on the line.

For what's really at stake, let's ask see NBC contributor Adam Parker.

He is the founder and CEO of Trivariate Research with me here at Post 9. It's good to see you.

Thanks for having me.

It's hard to overstate what's riding on this week.

How do you see it?

You know, our setup for this year was maybe more of the hawkishness is behind us than in front of us

More of the earnings revisions

negative earnings revisions are behind us and in front of us. I still generally think that's the case. I suspect the Fed will

stay relatively hawkish versus what maybe people thought a couple weeks ago.

Well how's that going to go over then in the market given where we've moved?

Short what matters is Fed Fund futures and the perceptions about rates.

If people get a hundred bips more hawkish than today the multiple comes down

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