Biden's Agenda Is a Boost for Clean Energy, Hermes Says

The transcript discusses Biden's proposals, focusing on clean energy and decarbonization. It highlights the importance of infrastructure spending for long-term economic recovery, despite immediate challenges posed by the pandemic. The conversation also touches on market valuations, inflation concerns, and their potential impact on risk assets.

In what ways does the speaker suggest that the market is responding to sustainability and ESG factors?

What implications does the speaker foresee if inflation trends towards commodity-led inflation?