U.S. Economic Clouds Gathering for 'Tough' 2019, Strategist Shah Says

The video discusses recent economic trends, highlighting that while the US economy has shown strong data, there are concerns about 2019 due to unpriced risks, especially in earnings. The stock market's record highs may not have been justified by economic fundamentals, driven instead by easy monetary conditions. However, financial conditions are tightening, with the Fed, ECB, and potentially BOJ moving towards normalization, which could remove market support. Concerns about interest rates rising above the neutral rate are also noted.

What factors are contributing to the clouds gathering for the US economy as we approach 2019?

What is the significance of the earnings side not being priced in yet?

How have monetary conditions influenced the stock market over the last decade?

In what ways might the tightening of financial conditions affect the market?

What concerns did the markets have regarding the Fed's comments this month?