Sell in May Even if Fed Eyes a June Hike?

The transcript discusses the dynamics of the bond market and the dollar's performance, highlighting a potential interest rate hike by the Federal Reserve. It explores the implications of a stronger dollar on global markets, particularly in emerging economies. The conversation also touches on economic indicators like personal consumption expenditure and wages, which influence the Fed's decisions. Additionally, it considers global political risks, such as Brexit and the EU migrant crisis, that could impact financial conditions and the Fed's strategy.

What is the main focus of the bond market according to the transcript?

• The euro

• The pound

• The yen

• The dollar

What is expected to happen to the dollar by the end of the year?

• It will collapse

• It will weaken significantly

• It will strengthen

• It will remain stable

Which region's currencies are expected to be most affected by the dollar's strength?

• African currencies

• South American currencies

• Asian emerging markets

• European currencies

What global event is mentioned as a potential shock that could influence the Federal Reserve's decisions?

• The US presidential election

• The EU migrant crisis

• Brexit

• All of the above

What is the Federal Reserve's stance on data dependency according to the transcript?

• It is very strong

• It is irrelevant

• It is non-existent

• It is quite fragile