U.S. Stocks' Near-Term Strength Could Be Maintained, JPMorgan AM's Craig Says

The video discusses the current state of trade talks between the US and China, highlighting a moderately positive short-term resolution with no new tariffs. It examines the market's recovery from late 2018 fears, driven by multiple expansion despite ongoing earnings downgrades. The video questions the durability of the market rally, noting the Fed's neutral stance and potential rate hikes. It emphasizes the need for strong earnings to sustain market growth and anticipates possible changes in the Fed's balance sheet policy.

What does the speaker suggest is necessary for the US markets to rise materially from their current position?

What potential changes in the market does the speaker anticipate if the Fed adjusts its balance sheet?