'Rough Road' Ahead for Stocks: JonesTrading's O'Rourke

The video discusses the ongoing inflation trends and market concerns, highlighting that the Federal Reserve has been behind the curve. It suggests that investors will likely remain defensive in the second half of 2022. The discussion also covers trading strategies, noting the hype around economic indicators like the core CPI and WTI crude prices. Despite some positive signs, asset valuations remain high, and significant rate hikes are anticipated.

What has been the general trend of inflation over the past year according to the text?

What concerns do investors have regarding the Federal Reserve's actions?

How did the core CPI perform according to the discussion?

What is the significance of WTI crude prices in the context of the text?

What are the implications of asset valuations in relation to the economy as mentioned in the text?