Markets Are Pricing in Higher Rates, Says Morgan Stanley's Slimmon

The video discusses economic trends and market predictions, focusing on the bond market, interest rates, and their impact on the stock market. It highlights the potential for a fourth-quarter economic reacceleration and the need for catalysts similar to vaccine efficacy data. The discussion also covers expectations for strong earnings and economic data, despite supply constraints.

What concerns does the speaker express regarding the potential for economic data to roll over?

What is the significance of the economic data reaccelerating off the third quarter?