Is a June Rate Hike Baked Into Stocks?

The transcript discusses Yellen's speech, focusing on market reactions and expectations for Fed rate hikes. It highlights the alignment between the Fed and the market, the impact of GDP data on economic growth, and the Fed's considerations on employment and inflation. Additionally, it addresses global risks like Brexit and China's economic situation, and their influence on Fed policy decisions.

How does the speaker view the disconnect between the Fed and the market?

What is the speaker's perspective on the employment rate and its impact on the Fed's decisions?

What global risks are mentioned that could affect the Fed's decision-making?