The market continues to underestimate the likelihood and impact of the Fed keeping rates higher for longer, notes Tim Urbanowicz. He discusses ETF trends to watch entering 2024. He talks about how excess slack in the labor market still needs time to work itself out. He goes over how investors appear to be overly focused on A.I.’s deflationary impact while ignoring the clear deglobalization trend and impact on the labor market. He highlights the Accelerated 9% Buffer ETF (XBJA), the Innovator Power Buffer ETF (PNOV), and Innovator Defined Protection ETF (TJUL) as ETFs investors should watch. Tune in to find out more about the stock market today.