Don't See This as a Long Lasting Selloff: Ristuben

The video discusses market anticipation of global equities, highlighting the IMF's conclusions and Europe's economic slowdown. It examines market volatility, the Fed's role, and the potential for a rate hike. The European economic outlook is analyzed, with expectations of growth due to ECB stimulus. The US market is expected to see modest earnings growth. The Fed's confidence in the US economy suggests a mid-2015 rate hike.

What is the significance of the Fed's rate hike mentioned in the text?

What does the speaker suggest about the future of the US economy?