Kevin Hincks: U.S. Economy "Still Doing Quite Well"

• Equity futures are higher to start the week, with S&P 500, NASDAQ-100, Dow Jones, and Russell 2000 all showing gains.
• Geopolitical developments, particularly regarding US-Iran talks and crude oil, are identified as key market drivers, influencing overall market sentiment and inflation discussions.
• Crude oil prices remain above $100, contributing to uncertainty but also seeing some volatility dissipate.
• Upcoming labor data, including JOLTS, ADP Employment, Challenger Job-Cut, Jobless Claims, and the March Jobs Report, will be in focus this week.
• Hincks expresses strong skepticism about the Federal Reserve raising rates by year-end, calling such predictions 'absurd'.

Kevin Hincks discusses the current state of financial markets, highlighting that futures are higher to begin the trading week despite recent sell-offs in March. He attributes this to positive comments on US-Iran negotiations and dissipating uncertainty around crude oil. Hincks maintains a positive outlook on the US economy, while dismissing the likelihood of Fed rate hikes this year, and emphasizes the importance of geopolitical events and upcoming labor data.