U.S. December Inflation-Adjusted Consumer Spending Rises

The video discusses economic indicators such as PC, personal spending, and GDP numbers, highlighting their alignment with estimates. It emphasizes the steady inflation rate and its implications for the Federal Reserve's interest rate decisions. The video also covers recent market movements, technical levels, and the anticipation of hawkish talk due to rising inflation expectations, particularly in the context of 10-year Treasurys.

Explain the relationship between technical levels and market expectations as discussed in the text.

What are the implications of the market pricing in three full hikes in 2018?