"Street Critique"-Hilary Kramer, Market Strategist & Author of "Ahead of the Curve"
PAUL KANGAS: While it has been a rough start for the year so far for stocks, tonight's "Street Critique" guest says that could change at the end of the month, when Federal Reserve policy makers meet on interest rates. She's Hilary Kramer, market strategist and author of "Ahead of the Curve." And Hilary, welcome back to NBR.
HILARY KRAMER, MARKET STRATEGIST: Thank you, Paul.
KANGAS: As a market strategist, what do you make of the markets right now and what are you expecting from the two-day Fed meeting starting January 29th?
KRAMER: OK. Well, I am a contrarian, Paul. I believe that we are going to see Fed intervention in the next two trading days, absolutely. There's too much weakness across the economy in too many areas and the market action today, the turn around late in the day showed me that they were short covering and that someone knew something, that the Fed was coming in.
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