Mallaby: Politics Not Having Predicted Market Impact

The video discusses the impact of US fiscal policy and political dynamics on the economy, highlighting the unexpected market reactions to political events like Trump's election and Brexit. It explores market volatility, the role of consumer behavior, and the historical context of strong dollar policies.

What is a key factor that could influence the continuation of fiscal policy changes in the US?

• A decrease in unemployment

• Increased interest rates

• A strong dollar policy

• A clear sign of fiscal looseness

How did the markets react to Donald Trump's election, contrary to expectations?

• The markets remained stable

• The markets experienced a bear market

• A bull market emerged

• The markets crashed

What term does Theresa May prefer over 'hard Brexit'?

• Soft Brexit

• Clean Brexit

• No-deal Brexit

• Smooth Brexit

What was Bob Rubin's stance on the dollar during his tenure as Treasury Secretary?

• He focused on interest rates

• He had no specific policy

• He advocated for a weak dollar

• He supported a strong dollar policy

What was the actual movement of the dollar during the time Bob Rubin claimed a strong dollar policy?

• The dollar was volatile

• The dollar was depreciating

• The dollar was appreciating

• The dollar remained stable