Will Be No Rate Cut This Side of Christmas, Says Arbuthnot Latham’s Perdon

The video discusses the current state of the market, highlighting the SMP's all-time high and the pressure on Fed Chairman Powell from Donald Trump. Despite the pressure, the speaker believes there will be no rate cuts before Christmas. The potential impact of a trade deal on equity markets is explored, suggesting a rally in Asian exporters. The bond market is analyzed in the context of the 'Everything rally,' with a focus on the implications of not having rate cuts, which could lead to a retracement in bonds and gold, and an aggressive yield curve.

What is the current status of the SMP according to the text?

How does the speaker interpret Chairman Powell's actions regarding rate cuts?

How does the speaker view the relationship between equity markets and trade deals?

What implications does the speaker suggest if there are no rate cuts before Christmas?

What does the speaker predict about the bond market if rate cuts do not occur?