Hard to Pin Down the Feds Tone: FXPros Smith

The video discusses various market views, focusing on the Fed's minutes and the Bank of England's potential policy moves. It explores labor market dynamics, particularly in the US, and debates whether issues are structural or cyclical. The discussion includes policy timing, with a focus on the Bank of England possibly moving first. Currency and bond market analyses are provided, highlighting the complexities of current market conditions and the risks involved.

What does the speaker imply about the current state of asset markets?

What is the relationship between bond yields and equities as discussed in the text?