Oil is rising, the 10-year yield is approaching 5%, and the Fed is likely hiking again next week. Scott Bauer joined Business First AM to share the trading mindset he falls back on when there is simply too much the market does not know yet.
Scott covers:
- Why this is not the environment to think you know better than the market
- The adjustment he makes to both his profit targets and his loss tolerance when uncertainty is this high
- Why the 10-year yield approaching 5% has him watching the broader market rally carefully
- What he expects from the Fed next week and why it is the biggest wildcard in the market right now
