Last 24 Hours Have Seen a Calming in the Markets, Says CMC Markets' McCarthy

The video discusses current market conditions, highlighting reduced trading volumes and volatility. It suggests a potential period of consolidation in global equity markets, though investors remain cautious. The focus is on 'fallen angels'—stocks with long-term potential but short-term price pressure. Small caps are largely ignored. The video also covers dollar and treasury market trends, predicting a future rise in long-term yields.

What is the speaker's outlook on small-cap stocks?

What does the speaker predict about the 10-year treasury yields in the next six months?