Chances of Two Fed Cuts Much Higher Amid Looming Virus Threat, Wien Says

The video discusses the current market rally and the outlook for the S&P 500, highlighting that the scare is not over and corrections are expected. The impact of the coronavirus on the global economy is analyzed, with concerns about supply chain disruptions and a slowdown in China. The US 10-year yield is examined, suggesting it's more of a supply and demand story than an economic signal. The Federal Reserve's potential rate cuts in response to the coronavirus threat are also discussed, with an emphasis on the unexpected economic impact of the virus.

What is the speaker's opinion on the current state of the S&P 500?

What does the speaker mean by saying 'we're not out of the woods yet'?

How does the speaker believe the coronavirus will impact the US economy?

What are the potential implications of the supply chain interruptions mentioned?

What does the speaker suggest about the likelihood of rate cuts by the Federal Reserve?