U.S. Equity Rally Has Some Way to Go Still, Says Axioma's Schon

The video discusses the recent G20 meeting and its implications on the US equity market, focusing on the Federal Reserve's interest rate hikes and their potential impact on the yield curve. The discussion includes predictions by Goldman Sachs and debates on whether the US is at a neutral rate. The video also explores the effects of these economic factors on treasury yields, considering different economic scenarios and historical evidence.

What is a major concern for markets as the economic cycle nears its end?

• Rising unemployment rates

• Increasing inflation rates

• Yield curve inversion

• Decreasing consumer spending

What is the debate regarding the US interest rate?

• The effect of interest rates on unemployment

• The impact of interest rates on inflation

• If the US is at the neutral rate

• Whether the rate should be decreased

What is one interpretation of Jay Powell's statement on interest rates?

• The US economy is in recession

• There is a consensus on the number of hikes needed

• There are multiple interpretations in the market

• Interest rates will remain unchanged

What could happen to the 10-year treasury yield if the US economy slows down?

• It could remain stable

• It could double

• It could increase by 50 to 75 basis points

• It could decrease by 50 to 75 basis points

What does historical evidence suggest about the 10-year yield in case of a yield curve inversion?

• It will decrease significantly

• It will increase significantly

• It will fluctuate unpredictably

• It will remain unchanged