The stock market rally is on the back foot, while the Nasdaq has lagged the S&P 500 for nearly a year. But Apple is holding up.
Many market watchers use above-average CAPE readings as a signal that stocks should underperform or even fall as it reverts back to its long-term mean. But CAPE’s mean doesn’t actually have much pull.
Colin Stewart, Quant Insight Head of Americas, and Jay Hatfield, InfraCap Founder and CEO, join Yahoo Finance Live to discuss the S&P outlook, the Fed, inflation, and yield curves, in addition to commenting on Jamie Dimon's predictions for interest rate hikes.