Credit Suisse Suresh Tantia on Recent Market Selloff

The video discusses the impact of the Delta variant on economic recovery and market concerns, noting that while it may delay recovery, it is unlikely to cause major lockdowns. The bond market's confusing behavior is attributed to factors like the Fed's tapering plans and rate hike expectations. The yield curve is analyzed, with expectations of eventual steepening as inflation remains high. The equity market is expected to see short-term pullbacks but should rise by year-end, with cyclical sectors benefiting. Tactical indicators suggest caution, but the bull market is expected to continue as recovery progresses.

What factors are contributing to the confusion in the bond market as mentioned in the text?

What is the speaker's outlook on equity prices by the end of the year?