JPM's Michele Sees U.S. 10-Yr Yield Headed to 1% in 2020

The video discusses economic projections for 2020, focusing on potential interest rate changes and their implications. It highlights the impact of unresolved trade issues on the US economy and the Federal Reserve's role in managing economic stability. The discussion also covers how the Fed's actions have influenced market reactions and the potential effects of a 1% ten-year Treasury yield on global markets. The video concludes with an analysis of how central bank policies could affect asset prices and recession probabilities.

What are the implications if the central banks decide not to provide additional liquidity?

What does the speaker predict about corporate earnings and default rates in the event of a recession?