It's the setup to a perfect storm as the major averages ( ^DJI , ^IXIC , ^GSPC ) are off to a slow start this week and JOLTS data (Job Openings and Labor Turnover Survey) and the ISM's manufacturing Purchasing Managers' Index (PMI) print both disappoint. Are these really signs of an economy the Federal Reserve is ready to cut interest rates for? And what kind of opportunities are there in the market within this sort of environment?

John Hancock Investment Management Co-Chief Investment Strategist Emily Roland sits down with Yahoo Finance's Market Domination Overtime team to sort through the data.

"There's a feeling out there that cyclicality is not going to get rewarded in an environment where growth is slowing down pretty, pretty notably here," Roland notes, later addressing the opportunities in the bond market ( ^TYX , ^TNX , ^FVX ): "We do think this deceleration in economic growth is the real deal. It might not come... it'll probably come in pretty choppy fashion in terms of the rates backdrop. But ultimately we think that rates will fall into an economic contraction here."

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan .