European Gas Surge, China Loan Rates, Fed: 3-Minute MLIV

The video discusses the recent surge in European gas prices, highlighting the potential long-term energy crisis and its impact on inflation and growth. It then shifts to China's market rate cuts, noting their marginal nature and limited effect on stocks. Finally, the video examines the Federal Reserve's stance on interest rates, emphasizing the unlikelihood of a pivot and the market's eventual alignment with the Fed's guidance.

What challenges are associated with the current inflation problem in Europe?

What is the general sentiment regarding a potential Fed pivot next year?