Not Much Concern of Selloff Contagion in Credit Market, Says Nielsen

The video discusses recent market volatility and its effects on credit markets, highlighting the relative stability of credit compared to equities. It examines the Federal Reserve's perspective on these market changes, noting that despite recent volatility coinciding with Jay Powell's leadership, the Fed remains committed to its planned path of rate hikes. The discussion includes insights from Bill Dudley and Bullard, emphasizing that the Fed should not react to short-term market fluctuations. The overall message is that the Fed is on track for its planned rate hikes, viewing recent volatility as a technical issue rather than a fundamental concern.

What did the speaker imply about the relationship between the Fed's normalization policy and market movements?

What does the speaker suggest about the central banks' concerns regarding weekly market moves?