Predicted that if the Fed delays rate cuts, the market will experience a short-term pullback, increased yields, and volatility, but will stabilize within days or weeks.
"If Powell simply just delays the cuts, then usually what happens in the market is that the market does have a little bit of a pullback, but nothing crazy. Historically, stocks dip on disappointment, yields go up, volatility spikes, but markets usually stabilize within days or weeks."