U.S. Market Rally: Too Far, Too Fast, Too Soon?

The transcript discusses market overreactions, potential corrections, and the impact of Donald Trump's policies on the economy. It covers GDP growth projections, emphasizing the need for a supportive global system and fiscal stimulus, particularly from Germany. The US economy's capacity for growth and inflation is analyzed, with a focus on the effectiveness of fiscal stimulus. Investment strategies are debated, questioning the shift from debt to equity and the sustainability of growth and inflation.

What are the implications of the current US economy's spare capacity on fiscal stimulus?

What does the speaker predict about inflation and its sustainability in the coming months?