Stock Pullback Is Not a Surprise to Evercore's Emanuel

The video discusses the current state of the financial markets, highlighting the complacency in the market and the recent movements in yields. It examines the factors influencing the bond market, including downgrades, treasury supply, and the Bank of Japan's actions. The resilience of the equity market despite rising yields is analyzed, with a focus on the NASDAQ's performance. The video concludes with an economic outlook, suggesting a correction rather than an end to the market run, and emphasizes the strong job market as a stabilizing factor.

What factors are contributing to the current bond market situation?

What is the significance of the economic slowdown forecasted by Ed Hyman?

How has the equity market reacted to the changes in treasury yields?

Discuss the relationship between stock market performance and economic data.

What role does the job market play in the current stock market dynamics?