Allspring Global Investments' Jacobsen on Fed, Inflation & Markets

The video discusses the increased risk of a recession in the US, influenced by Federal Reserve policies and inflation. It examines the impact on consumer spending and various market sectors, highlighting potential pressures on consumer discretionary stocks and opportunities in defensive sectors like consumer staples. The financial sector faces challenges due to inflation and aggressive Fed moves. The video also anticipates a shift in earnings expectations, suggesting a potential market turn.

What is the general sentiment regarding the likelihood of a recession in the US within the next 9 to 14 months?

How has the Federal Reserve's recent policy changes affected the outlook for consumer spending?

What sectors are expected to be most pressured due to recession risks, according to the discussion?

What are the potential risks for financials in the current economic environment?

What expectations does the speaker have regarding corporate profits as earnings season approaches?