Expect More Disappointments in U.S. Earnings, Says Wells Capital Management's Patel

The video discusses the global economic slowdown's impact on earnings, highlighting sectors like healthcare, utilities, and semiconductors as having potential. It also examines the Federal Reserve's influence on the market, noting a shift in their approach to interest rates and balance sheet management.

What is the speaker's perspective on the Federal Reserve's approach to interest rates this year?

What lessons does the speaker believe the Federal Reserve learned from their previous rate increases?