Fed Uses 'Cooling Mechanism' to Reduce Risks

The video discusses the macro-driven market dynamics in Q1, focusing on the Fed's influence on the dollar, CNY, and equity prices. It explores the cooling feedback mechanism and the potential doom loop, where risk assets recover, leading to increased Fed hike expectations and a stronger dollar. The discussion also covers derivatives strategies, sector performance disparities, and VIX trends, highlighting the absence of risk premium and market positioning.

What are the expected earnings trends for different sectors in the upcoming quarter?

What potential scenarios could lead to a reversal in market trends as observed in previous quarters?

How does the current positioning of asset managers affect the demand for hedging?