📊The market's expectations for Fed rate cuts have been too optimistic.
💰The Fed is unlikely to cut rates more than three times this year.
📆The Fed is not expected to start cutting rates until June.
💼The recent reaction to minor inflation data shows that the market had gotten carried away.
🌍The strong economy, earnings, and the U.S.'s exceptionalism can still drive the market even without rate cuts.
How many rate cuts is the Fed expected to make this year?
—The Fed is unlikely to cut rates more than three times this year.
When is the Fed expected to start cutting rates?
—The Fed is not expected to start cutting rates until June.
Why did the market react strongly to minor inflation data?
—The strong reaction was due to the market having gotten carried away with its expectations.
Can the market still perform well without rate cuts?
—Yes, the strong economy, earnings, and the U.S.'s exceptionalism can still drive the market even without rate cuts.
What factors need to be considered by the fixed income market?
—The fixed income market needs to consider inflation, the right inflation target, and the sensitivity of different parts of the economy to interest rates.
00:02The market's expectations for Fed rate cuts have been too optimistic.
00:14The recent reaction to minor inflation data shows that the market had gotten carried away.
00:23The Fed is not expected to start cutting rates until June.
00:31The strong economy, earnings, and the U.S.'s exceptionalism can still drive the market even without rate cuts.
01:00The Fed is unlikely to cut rates more than three times this year.
03:23The fixed income market needs to consider inflation, the right inflation target, and the sensitivity of different parts of the economy to interest rates.
04:27The strong economy and earnings can still drive the market.
06:21The Fed is not expected to cut rates before June.
