Fed May Skip June Rate Hike to Avoid 'Brexit:' Vail

The video discusses the cautious outlook on the US stock market, predicting sideways trading for the next six to nine months, while expressing optimism for other global markets. It highlights the divergence between US and European markets, noting US investor optimism and structural issues in Europe. The upcoming earnings season is expected to be challenging, with low expectations and potential surprises. The Fed is anticipated to hike rates in June and December, despite market skepticism. Wage pressures are rising, though not yet reflected in official statistics. The treasury market is experiencing a bear steepener, with expectations of rising interest rates.

What are the expectations for the upcoming earnings season?

What concerns are there regarding wage pressure in the economy?

What is the outlook for interest rates according to the discussion?