Fed's Mester Sees a Lot of Geopolitical Uncertainty

The video discusses the uncertainty surrounding new fiscal policies and their impact on the stock market and economic forecasts. It emphasizes the importance of data-driven policy making and the need to adapt to changing economic conditions. The potential effects of fiscal spending on productivity and business sentiment are also explored.

In what ways does the speaker suggest that fiscal spending could be productive?

What is the speaker's perspective on the current sentiment among businesses and consumers?