Closing Bell: Stocks Rally to End Ugly Week, Jim Grant on the Fed, Baby Formula Backlash 5/13/22
Stocks finished the day higher after a brutal week for the bulls. Doubleline\u2019s Jeff Sherman and Crossmark\u2019s Bob Doll break down the opportunities in the bond and equity markets. Fed watcher Jim Grant responds to chair Powell\u2019s comments about raising rates, and whether the Fed can really engineer a soft landing. And as a nationwide baby formula shortage deepens, the CEO of newcomer ByHeart outlines what the White House can do to get more supply into the market.