Hey, it's Kramer and this is my morning take on the market from today's CBC Investing Club morning meeting.

The Fed has said, listen, maybe goes as far as the I can say, which then makes it so.

We are not sitting here saying, wow, maybe they didn't do enough, maybe doing it.

They're going to do enough. I mean, basically just said, basically what Jamie

Diamond said to me. We go to six. We'll go to six to get the job done. And I don't think people

realize, but you needed to get the Fed so far ahead to actual jawbone that we may get to the

point where expectations of inflation are too high versus reality.

So I guess it's kind of this idea that the Fed doesn't want the market to get ahead of itself,

keep conditions tight, and then if the data, once it does eventually turns their way,

that's when they could ease up on interest rates.

But he did acknowledge yesterday that the data

has been strong, at least for January, we'll get February's jobs report this Friday, obviously

a key number there. I felt that February started like a lion and then went out like a cheetah,

not, you know, not a lamb. What I am concerned about again over and over again

is wages. And I thought it was really not duplicitous, but ill-advised the Stansston Center

Warren took against the chairman where she's worried about the two many people laid off.

Right. I'm not because the ability to get a job is the best it's ever been. I'm worried about what happens to the working person with inflation.

So Powell's not going to stop. He's going to go to where diamond said, which is six, and we just got to brace ourselves instead of saying, wow, five year, two year we get five.

Hey, two year we're going to get six. Okay. It is not the reason to sell stocks. It is the reason why you can wait.

We've got a look, we've got an oscillator that's not going our way. It's only minus one.

Sure. But I checked with Larry Williams last night who called the great February end of month rally and the rally into March and then there's a dip. He actually called the dip. And he says,

listen, it's full speed ahead right now. You've got to use this. He's saying you've got to use

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