Fed Will Cut Rates This Year, JPMorgan's Kennedy Says

The video discusses the Federal Reserve's potential rate cuts and their impact on the economy, including the likelihood of layoffs as a catalyst for inflation control. It explores the timing of these layoffs, expected in the second half of the year, and highlights specific sectors like tech, construction, and manufacturing where layoffs are most probable. The discussion also touches on CapEx cuts and the impatience in the current business cycle.

What does the speaker believe will be the most likely catalyst for the Fed to gain confidence in reducing inflation to 2%?

According to the speaker, what is the relationship between CapEx intentions and layoffs?

Why does the speaker think that layoffs are usually the last thing to happen in a business cycle?

What does the speaker imply about the pace of economic changes for regular folks in America?

What sectors does the speaker suggest to look for potential layoffs next?