UBS Sees No Fed Rate Cut Until at Least 2021

The transcript discusses market dynamics influenced by Mario Draghi, historical interest rates, and the challenges of forecasting market trends. It analyzes the Fed's potential rate decisions, considering the strong economy and low unemployment. The discussion also covers inflation expectations and the risks in relying on distorted indicators, highlighting the complexities of current market conditions.

In what ways might the markets be overreacting to headline news?

What are the risks associated with relying on distorted economic indicators?