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.

Discuss the implications of personal consumption expenditure on the Federal Reserve's decision-making.

What political risks should the Federal Reserve consider as they look beyond June and July?