Closing Bell Overtime: Post-Powell Sell-Off 11/2/22
Fed Chair Powell says the tightening campaign still has \u201ca ways to go\u201d even if the pace of rate hikes slows. Stocks fell and yields jumped as investors back away from bets on an eventual fed pivot. Ritholtz Wealth Management\u2019s Josh Brown and Schwab\u2019s Liz Ann Sonders give their takes. Plus, Qualcomm shareholder Jason Snipe reacts to that company\u2019s quarterly report. And \u2013 the headliner of the hour \u2013 DoubleLine\u2019s Jeffrey Gundlach gives his first reaction to the Fed, Powell\u2019s press conference and the market\u2019s big turn lower.