Stock Market 'Somewhat Confused': State Street's Arone

The video discusses the current market sentiment, highlighting better-than-expected earnings and stable interest rates as positive factors. However, concerns arise from speculative market trends and the unusual leadership of utilities. The potential risks include the S&P ending lower and the impact of inflation measures on Fed policy. The video emphasizes the importance of narrowing the gap between inflation measures and the Fed's target rate, as well as the future trajectory of earnings.

What expectations do strategists across Wall Street have for the S&P by the end of the year?

What is the significance of the Federal Reserve's measures of inflation in relation to market sentiment?