 And welcome to the 2 p.m. Update here at TF and in with me David White What do we have today? Well, we have a very light volume bounce. We've got some numbers in the morning I think we're probably thinking about that. We also have some earnings after the bell tonight I'll go through a handful of those maybe a few tomorrow morning, too My thought though is there are some econ numbers coming out tomorrow morning, and we're kind of waiting And I would say the other big part of the news out here today Is the TLT the bond fund? We look at that We've got a a bounce right into what should be pretty severe resistance levels and I also think that if Anybody has a clue whatsoever About interest rates in the next year it seems ridiculously high at 110 So yeah, I think everybody is betting and I mean huge you're making some huge bets That the Fed caves next Wednesday I think that they're sadly mistaken, but I've been wrong and I'll be wrong before again, but There's just not much up here to tell you that Anything other than a short squeeze in the bond markets kind of going on and or We're gonna have such a massive recession that the Fed's gonna have to give up. I don't believe that I think that there's some things out there. They're gonna keep Inflation rates rather high through the first quarter and of course, I think there's a little bit more going on here and I think That's probably going to just be the earnings for the next maybe two quarters being significantly lower A lot of whistling past the graveyard for many people in the market To see so many of these stocks come out in earnings and unless they're already a dog already been beat up and have huge short interest They're not really getting much of a bounce As you said today, don't even have six billion shares now for about 700 million shares behind yesterday at this time Be back in a minute for the show The reality is that navigating financial markets can be risky Markets can be chaotic and difficult to understand having the latest