Dutta: Odds of Fed going 50bp in March zero

The video discusses the current state of the financial markets, focusing on the fundamentals that drive market trends. It highlights the deceleration of growth and the persistence of inflation, while examining the Federal Reserve's cautious approach to interest rate hikes. The impact of inflation on consumer spending and credit is analyzed, with insights into future rate hikes and investment strategies.

How does the text characterize the relationship between consumer credit and spending?

What are the expectations regarding the Fed's rate hikes this year?

What does the text suggest about the market's reaction to potential Fed actions?