Is It Time to Sell Treasuries?

The video discusses whether to sell fixed income portfolios amid rising inflation prospects in the US. It highlights recent economic surprises and market trends, suggesting a potential resting point for markets. The discussion also covers growth and inflation expectations, considering the impact of Trump's policies. Despite political uncertainties, the focus remains on economic fundamentals, with positive indicators from ISN manufacturing and US consumer health.

What is the current expectation for yields in the fixed income market?

• Yields are expected to increase due to undervaluation.

• Yields are expected to remain stable.

• Yields are expected to decrease significantly.

• Yields are expected to fluctuate without a clear trend.

How does the Trump administration's fiscal policy potentially affect the economy?

• It could lead to a decrease in GDP growth.

• It will stabilize the economy without any fluctuations.

• It is expected to have no impact on the economy.

• It might cause short-term changes due to tax cuts and spending.

What is the relationship between nominal GDP growth and treasury yields?

• Treasury yields are always lower than GDP growth.

• Treasury yields are unrelated to GDP growth.

• Treasury yields always exceed GDP growth.

• Treasury yields tend to track nominal GDP growth over time.

What should investors focus on amidst political uncertainties?

• Speculative investments.

• Economic fundamentals and indicators.

• Political statements and speeches.

• Short-term market fluctuations.

What does the ISN manufacturing index suggest about the US economy?

• The US economy is declining.

• The US economy is stagnant.

• The US economy is improving.

• The US economy is unpredictable.