How Will Brexit Uncertainty Impact Fed Policy & the U.S.?

The transcript discusses the potential for a Fed rate increase, considering factors like structural headwinds and Brexit. It highlights the market's sensitivity to economic data and the Fed's role in stabilizing expectations. The US economy is seen as a growth and safety hub, attracting capital inflows. Employment trends suggest a shift towards lower job creation rates, reflecting full employment and low productivity.

What is one of the main factors Janet Yellen is focusing on regarding the US economy?

• The impact of technological advancements

• The influence of climate change

• The rise of cryptocurrency

• Structural headwinds and labor data

How does the market currently perceive the Federal Reserve's role?

• As a leader in global economic policy

• As a passive observer

• As an unpredictable entity

• As a stable anchor to macro fundamentals

What is the projected yield for the 10-year bond according to Gary Shilling?

• 4%

• 2%

• 1%

• 3%

What does a drop in job creation to 120K indicate according to the discussion?

• A slowing economy

• An economic recession

• Full employment

• A booming economy

What is the expected growth rate of the US economy moving forward?

• 4%

• 1%

• 3%

• 2%