always good to see you sarat sethi. we appreciate it >> thank you >> coming up, every sector, every single sector lower today. 97% of the s&p 500 stocks are down at one point, all of them were down except for coke, but consumer discretionary is getting hit the hardest and some of the higher-end retail names like pvh, tapestry, ralph l lauren is there even more pain ahead for these names? >> the yield at the high since 2011 the market is expecting the fed now to hike by three-quarters of a point. is that what's needed to fight inflation? all that and more coming up. stay with us ” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire this is xfinity rewards. match our way of showingption. our appreciation. with rewards of all shapes and sizes. [ cheers ] are we actually going? yes!! and once in a lifetime moments. two tickets to nascar! yes! find rewards like these and so many more in the xfinity ap

ahead with the investment committee joining me joe terranova, jon najarian, shannon saccocia and sarat sethi in half and somebody may be due to the ten i have year working its way to

ahead with the investment committee joining me joe terranova, jon najarian, shannon saccocia and sarat sethi. we cut gains in half and somebody may be due to the ten i have year working its way to 3%. cri jim cramer tweets about it. still negative how much room do you think it has? we've come a long, long way, more than 9% on the nasdaq, more than 8% on the s&p and so forth. >> well, i think that it's going to be continued to be challenging. the catalysts, we're relying on economic data and the evaluation of that data and how the fed will react over the next few weeks and each of these data points is going to have two sides so we'll be oscillating between optimism and pessimism on a day-to-day basis. still concerns about margins and significant concerns about earnings estimates coming down in the back half of the year while all of us who are longer term investors are looking at this saying, okay, if i can buy a company that i like now that i can hold for the next five years it's probably a good price will it be the best price we're going to get over the next two to three weeks probably not i