O'Brien: Resetting Expectations Based on Brexit, Trump

The video discusses the concept of 'post-truth', where emotions and personal beliefs overshadow objective facts in shaping public opinion. It highlights the influence of emotions on market dynamics, particularly in the short term, and contrasts it with long-term fundamentals. The discussion extends to economic trends, focusing on yields and interest rates, and the impact of populism on global economics. The video concludes with an analysis of recent global changes and their implications.

How does the speaker relate the concept of 'lower for longer' to economic conditions?

What changes in expectations are mentioned in relation to recent global events?