Fed Wont Hike Until We See Inflation Pick Up: Rooney

The transcript discusses various economic factors affecting the US and global markets, including potential headwinds like Fed rate hikes, China's deceleration, and oil price collapses. It covers US growth projections, inflation trends, and the Federal Reserve's policy stance. The discussion also touches on global economic influences, market outlooks, and potential asset bubbles. The impact of oil prices on debt markets and potential defaults is also examined.

How do global economic conditions, such as those in Europe and Japan, affect the US economy?

What is the significance of core inflation in the context of the Federal Reserve's decisions?

What concerns are raised about the potential for an asset bubble in stocks?