Pimco's Kiesel Sees Higher Bond Yields in 2018

The transcript discusses the impact of recent tax cuts on the global economy, highlighting a projected increase in real growth and treasury supply. It examines the effects on consumers and corporations, noting potential increases in consumer spending, corporate profits, and share buybacks. The Federal Reserve's growth forecasts and potential rate hikes are also discussed, with an emphasis on the implications of full employment and wage pressures.

What is the expected increase in real growth due to the tax cut?

• From 2% to 2.5%

• From 1.5% to 2%

• From 2.5% to 3%

• From 3% to 3.5%

How much extra money are some consumers expected to receive due to the tax cuts?

• $1000

• $3000

• $2000

• $500

What is the expected increase in corporate profits in 2018 due to the tax cuts?

• 5%

• 20%

• 10%

• 15%

How many rate hikes does the market currently expect for next year?

• Two

• Three

• Four

• One

What is the current unemployment rate mentioned in the video?

• 6%

• 4%

• 3%

• 5%