Pimco's Crescenzi Sees 'Very Strong Case' for Fed to Pause in March

The video discusses the differences in yield between one-year and two-year bonds, highlighting market oddities and the impact of political factors like Brexit on the economy. It explains the short-term paper market, yield inversion, and the potential for interest rate cuts. The discussion includes liquidity concerns, shadow banking, and market feedback loops. The video also covers interest rate predictions, the global economic outlook, and the potential impact of Brexit on the UK economy.

In what ways could the feedback loop between markets and the real economy affect future economic conditions?

What are the potential implications of a hard Brexit on the UK economy?