What U.S Jobs Report Could Mean for Fed Policy

The transcript discusses the Federal Reserve's potential rate hikes, emphasizing that market expectations heavily influence the Fed's decisions. Despite talks of a June rate hike, the market remains skeptical, with low probabilities assigned to upcoming meetings. The market has been stable but caught between poor earnings and global economic stimuli, resulting in minimal returns over the past year.

Discuss the impact of global economic stimulus on the U.S. market.

What does the speaker mean by stating that the market has not seen a new high in almost a year?