US Markets Are Overextended, Wells Fargo's Cronk Says

The video discusses economic trends, focusing on inflation predictions for the year, market pressures, and the impact of oil prices and wages. It highlights the divergence between market sentiment and actual data, emphasizing the potential challenges in the second half of the year. The analysis includes trends in equities and yields, with a focus on the NASDAQ and long-duration equities.

What is the predicted headline CPI by the end of the year?

• 3%

• 4%

• 5%

• 6%

Which factor is NOT mentioned as contributing to inflation in the second half of the year?

• Higher wages

• Rising oil prices

• Increasing rents

• Decreasing food prices

What recent trend in the market is causing concern among investors?

• Increase in real yields

• Decrease in oil prices

• Stability in the NASDAQ

• Decline in short-term bonds

Which index is mentioned as being at risk if it loses its 50-day moving average?

• Dow Jones

• S&P 500

• NASDAQ

• Russell 2000

What is the term used to describe the challenging months of August, September, and October?

• Bull Run

• Golden Quarter

• Murderers Row

• Bear Market