Gradient Investments' Montagne Discusses Fed and Market Outlook

The video discusses the impact of new mask mandates on consumer spending and the broader markets, highlighting the Federal Reserve's stance on tapering and temporary inflation. It explores cautious market strategies, including ETF investments, due to slowing earnings growth and tech valuation disappointments. The Delta variant's impact on the labor force and consumer behavior is examined, particularly in relation to vaccination rates. Finally, the video compares the valuation gap between US and European stocks, noting opportunities in the Eurozone as vaccine rollouts accelerate.

What factors are expected to impact consumer discretionary spending according to the text?

How does the labor shortage in certain sectors affect consumer behavior?

What is the current stance of the Fed regarding asset purchases?

How is inflation perceived in the context of the economy as mentioned in the text?

What implications does the valuation gap between US and European stocks have according to the discussion?