Closing Bell Overtime: New Reality of 100 Basis Point Hike? 7/13/22

Could the Fed actually hike interest rates by 100 basis points in just a few weeks? Former Dallas Fed President Richard Fisher gives his prediction and what it could mean for the economy. Plus, NewEdge Wealth’s Cameron Dawson says we could see another 10% drop before things start to get better. She makes her case. And, Kristen Bitterly of Citi Global Wealth breaks down the top defensive plays to make in this current environment.