Why the Fed's Balance Sheet Unwind May Start in October

The video discusses the Federal Reserve's potential actions regarding its balance sheet, with a focus on October as a likely time for movement. Carrie Craig from JP Morgan explains that the Fed is more focused on economic growth than inflation when considering balance sheet adjustments. Despite political developments in Washington, markets remain stable due to strong economic fundamentals and hopes for tax reform.

What are the expectations regarding tax reform and its impact on corporate earnings according to Carrie?

In what way does Carrie suggest that global economic conditions are affecting the US market?