HSBC's Major on U.S. Tax Reform, Economy, Bond Yields

The video discusses the impact of US tax reform on global markets, comparing current debt levels to those during the Reagan era. It highlights concerns about high debt levels and their economic implications, including potential drags on future growth. The discussion also covers current economic trends, tax cuts, and wealth distribution. Finally, it explores interest rate forecasts and market predictions, emphasizing the challenges of predicting economic outcomes in a high-debt environment.

What are the potential risks associated with increasing the deficit through tax reform?

What is the significance of the debt-to-GDP ratio in evaluating economic health?

How might future growth be impacted by current tax reform proposals?