Day of Reckoning Ahead for Markets: Bowersock's Hill

The video discusses the potential for the S&P to retest its June and September lows, with predictions of new lows at 3400 or 3200. It highlights the reasons for the current market stability, including high liquidity and market expectations diverging from Fed plans. The discussion also covers the delayed impact of rate increases on earnings and the stock market, emphasizing the unexpected effects of recent economic changes.

What historical context is provided regarding the last time inflation was over 4%?

What does the speaker suggest about the timing of the impact of rate increases on earnings?