Fed Is Not in Driver's Seat: Richard Bernstein's Suzuki

The video discusses the Federal Reserve's influence on the market, emphasizing that the Fed is not the primary driver of economic changes but rather responds to macroeconomic data. The focus is on growth predictions, with a slowdown expected. The narrative around market conditions has been volatile, with inflation shifting from volatile to sticky components, indicating persistent inflation due to a tight labor market.

What factors are influencing the Fed's decisions according to the text?

What does the speaker suggest about the future of growth and its impact on rates?

How has the narrative around inflation changed over the past two years?

What is the significance of the CPI print mentioned in the text?

In what way does the speaker believe inflation will behave in the near future?