U.S. financial conditions have not tightened in the same way they had been for much of 2022, says Huw Roberts. He talks about how the Q.I. macro fair value for the S&P 500 and NASDAQ actually ticked higher recently. He also goes over this week's notable economic data which includes the CPI report and consumer sentiment. He then notes that short-term models show new macro regimes have emerged and the trend is pointing down. He mentions the macro factors impacting China's markets. Finally, he discusses the outlook for the markets as the Fed tightens. Tune in to find out more about the stock market today.