Thornburg's Hoffmann on Markets

The transcript discusses the potential for the Federal Reserve's last rate hike, the impact of labor market changes on the Fed's dual mandate, and market reactions to jobs data. It explores the volatility in bond markets due to inflation concerns and examines recession fears and asset pricing discrepancies.

What are the implications of the Fed's potential actions in May regarding interest rates?

How does the current labor market turnover relate to the Fed's dual mandate?

What factors could lead to volatility in bond markets according to the discussion?

Discuss the significance of the current yield curve and its implications for recession fears.

What does the speaker suggest about the mispricing of asset prices in the current market?