JPMorgan’s 2020 Long-Term Capital Market Assumptions

The video discusses global economic trends, highlighting the disparity between asset market returns and GDP growth. It explores the limitations of monetary policy and the potential role of fiscal stimulus in future economic cycles. The discussion includes strategies for smart fiscal stimulus, emphasizing the importance of investing in technology and infrastructure. The video also compares fiscal and monetary stimulus, noting their differing impacts on inequality and aggregate demand.

What does the term 'new Goldilocks' refer to in the context of economic policy?

How have asset markets performed in relation to GDP and wage growth according to the text?

What are the potential implications of running out of monetary stimulus as discussed in the text?

In what ways could fiscal stimulus differ from monetary stimulus based on the discussion?

What factors contribute to the lack of aggregate demand as mentioned in the text?