JPM's Bell Sees More Downside Than Upside to Rates From Here

The video discusses the Federal Reserve's potential actions regarding interest rates, suggesting possible rate hikes before a pause. It highlights the downside potential for interest rates and yields, recommending US duration as a hedge. The economic cycle is in a late stage, with significant deceleration affecting companies and consumers, leading to a need for portfolio de-risking.

What is the expected bias from the Fed regarding interest rates after a pause?

What does the speaker believe about the potential for future interest rate hikes?

How does the speaker describe the current stage of the economic cycle?

What are the implications of higher costs of capital for companies and consumers?

What is the speaker's perspective on the unemployment picture in the current economic context?