Inside the Biggest U.S. Tax Overhaul in 30 Years

The video discusses the anticipated impact of tax reforms on markets over the next 6-12 months, highlighting that markets have already priced in some progress. It predicts benefits for equities and the general economy, with a focus on US equities. The video also examines the fixed income space, noting rising bond yields and potential trend reversals linked to US fiscal policies. It concludes with a discussion on global trends, central bank policies, and the expectation of higher policy rates, favoring equities over fixed income.

What is the expected impact of tax reforms on the economy in the next 6 to 12 months?

• No significant impact

• Decrease in market volatility

• Overall benefits to the economy and corporates

• Negative impact on equities

What is a key factor contributing to the rise in bond yields?

• Decrease in fiscal stimulus

• Increase in global trade

• Connection to fiscal stimulus and Federal Reserve actions

• Reduction in government spending

Which trend is observed among central banks globally?

• Reducing interest rates

• Increasing fiscal deficits

• Lowering policy rates

• Normalizing policy rates

What is the expected trend for interest rates next year?

• Increase in interest rates

• Stability in interest rates

• Decrease in interest rates

• No change in interest rates

Given the economic outlook, which asset class is favored over fixed income?

• Cryptocurrencies

• Equities

• Real estate

• Commodities