How Will the Fed React to Higher Consumer Prices?

The video discusses the US economic recovery, potential rate hikes, and the impact of Brexit. It highlights mixed economic data, including strong home builder performance and weak Empire data. The CPI increase and its effect on the bond market and yield curve are analyzed. The discussion covers the mature phase of the business cycle, market opportunities in fixed income, and potential risks in the equity market. It concludes with insights into credit markets, high yield, and emerging markets, with a focus on Brazil.

What does the recent data suggest about the US economy's recovery?

How has the bond market reacted to the recent economic data?

What are the implications of a flat yield curve according to the discussion?

What factors are influencing the current state of the equity markets?

What opportunities are suggested for investors in the current market environment?