Fed minutes reduce October rate hike odds

• Fed minutes indicate reduced odds for an October rate hike, with expectations shifting to December, leading to a temporary ease in global government bond yields.
• A market strategist predicts a significant 10-20% sell-off in risk assets over the next 2-6 months, citing tightening global liquidity and a 'Wile E. Coyote moment' for equities.
• French political unrest over student conditions and the public deficit, alongside EU-China trade tensions (especially regarding hybrid car imports), add to market uncertainty.
• US tech stocks like Meta and Nvidia saw pullbacks, contributing to a reversal in recent record highs on the S&P 500 and Nasdaq.

The video discusses an easing in global bond yields following the latest Fed minutes, shifting rate hike expectations to December. However, a market strategist warns of an impending 2-6 month 'Wile E. Coyote' sell-off in risk assets (10-20% on S&P) due to tightening liquidity. French political instability and EU-China trade tensions also contribute to a cautious outlook.