US May Be in 'Stumbling Recovery': Allspring's Jacobsen

The video discusses the current economic landscape, highlighting a generally healthy economy despite challenges in interest rate-sensitive sectors. It explores inflation expectations, noting rising break-even rates and their implications for cross-asset signals. The discussion also covers market reactions, particularly in fixed income and equities, suggesting a 'buy the dip' strategy due to resilient growth numbers.

What are the implications of rising break-even rates mentioned in the text?

Describe the shift in inflation expectations and its impact on the market.