US stocks tumbled on Thursday, with the major averages on track to post steep declines for the month of June and first half of 2022 as concerns over heightened inflation and the prospects of a recession weighed on risk assets.
Jurrien Timmer, Fidelity Investments Director of Global Macro, joins Yahoo Finance Live to discuss inflation expectations in the bond market, the Fed's dual mandate, and the likelihood of a recession.
Miller Tabak Managing Director and Equity Strategist Matt Maley joins Yahoo Finance Live to discuss stock futures, inflation, the impact of Fed Mester’s 75 bps hike proposal, and the outlook for the broader market.