Should the Fed Have Moved on a Rate Hike?

The transcript discusses the Federal Reserve's decision to delay interest rate hikes, considering the upcoming election and potential market impacts. The speaker believes the economy could handle a hike but sees no harm in waiting. Observations from travels across the US indicate economic improvement. A rare market trend is noted where stocks, bonds, oil, and gold rose simultaneously. The discussion also covers the bond market, highlighting the need for yields to rise above 170 to avoid a bubble. Overall, the economic outlook is positive, with potential rate hikes expected next year.

What does the speaker mean by a 'Goldilocks little period' in the context of the Fed's actions?

What factors does the speaker mention that could influence the bond market?