Ahead of Wednesday's Fed decision to raise rates, Hedgeye CEO Keith McCullough and REITs analyst Rob Simone warn investors that continued inflation is going to be bad news for the real estate sector in this clip from The Call @ Hedgeye.

"The water is going up over your head and not going down. There is no Fed pivot," McCullough says.

McCullough: 'There Is No Fed Pivot' For Real Estate - Call Banner