Fed Won't Cut Unless Growth Weakens: Economist Darda

The transcript discusses the current market pricing, which includes both soft and no landing scenarios. It highlights that Fed rate cuts are unlikely unless there is significant economic weakness. The Fed's reaction function is not aligned with a soft landing, and it will continue tightening until the economy weakens. Investors should be cautious as the S&P 500 reflects a soft landing scenario, which the Fed may not support.

According to the speaker, what indicators does the Federal Reserve focus on before making decisions?

What does the speaker suggest about the future of the S&P 500 in relation to falling earnings estimates?