Deep Dive: S&P 500 Expectations, 10-Year Yield, Core PCE

The video discusses the S&P 500 surpassing Wall Street strategists' year-end estimates, highlighting the rarity of this occurrence and its implications for stock movement. It also examines JP Morgan's performance in relation to the 10-year yield, noting a divergence from typical trends. Additionally, the video explores core PCE as the Fed's preferred inflation measure, analyzing recent data and potential impacts on inflation targets.

What is the significance of the S&P 500 surpassing Wall Street strategists' estimates?

• It shows a strong bullish trend.

• It indicates a bear market.

• It means the market is undervalued.

• It suggests limited room for further stock movement.

Which financial stock is mentioned as diverging from the 10-year yield?

• JP Morgan

• Berkshire Hathaway

• Goldman Sachs

• Citigroup

What is the current core PCE rate mentioned in the video?

• 2.0%

• 2.5%

• 1.2%

• 1.6%

What is the Fed's target for the core PCE inflation rate?

• 1.5%

• 3.0%

• 2.0%

• 2.5%

According to the video, which component has been outstripping the 2% inflation target?

• Core services

• Food prices

• Energy prices

• Core goods