BlackRock's Rieder: 50% Fed Raises Rates in December

The video discusses the economic outlook post-election, focusing on the Fed's potential actions regarding interest rates and balance sheet management. It explores the challenges of controlling long-term treasury yields, the impact of global factors, and the high costs of hedging. The discussion also covers the transition from monetary to fiscal policy, driven by populism and global economic conditions.

What challenges does the Fed face in managing its balance sheet?

How does inflation affect the Fed's ability to control the long end of the curve?

What are the potential consequences of transitioning from monetary to fiscal policy?