The fate of the current rally rests on the Fed's reaction function to easing inflation without un uptick in unemployment, says Kevin Gordon. He discusses how futures are higher following Personal Income and Outlays data. He talks about investors shouldn't be surprised to see a material slowdown in the labor market when it arrives. He also notes that sentiment is becoming a larger near-term risk again. He then goes over what slower rate hikes could mean for the market. Tune in to find out more about the stock market today.