Stocks closed near session lows Tuesday as investors digest potentially aggressive rate hikes, and a potential recession.
Both consumers and big banks are starting to think similarly on one topic: both groups think a recession is on the horizon. What does this mean for an American economy still struggling to gain its footing, and for the Federal Reserve which is just starting to implement rate hikes in an attempt to cool inflation? Sam Stovall, Chief Investment Strategist at CFRA, joined Closing Bell to discuss today's close, earnings season, whether a recession is on the horizon, and more.
