Economy Can't Handle 5% Rates, iCapital's Amoroso Says

The video discusses the market's reaction to interest rate hikes and the economy's ability to handle higher rates. It highlights the resilience of the economy, noting the significant increase in consumer wealth and employment. The discussion also covers the positive impact of rising interest rates on consumer cash balances, suggesting that the economy can manage 5% rates. The potential for the Federal Reserve to increase rates further is also considered.

In what ways are consumers currently positioned in the economy according to the speaker?

What potential actions of the Fed are discussed in relation to interest rates?