The dynamics in the markets point to a tightening cycle that is coming to an end, says Brian Levitt. He discusses how retailers appear to be discounting to incentivize shoppers over the holiday season. He notes to be mindful that leading indicators are below the trend and falling. He also talks about how typically in contraction, the Fed begins its easing policy. He the monitors the state of inflation in the U.S. He then goes over portfolio allocation in the current market environment. Tune in to find out more about the stock market today.