Deep Inflation Negative Surprises in 2015: De Longis

The video discusses the impact of energy prices on inflation, highlighting the challenges in forecasting due to rapid changes. It compares the cyclical nature of emerging markets with the US economy, emphasizing the importance of understanding market divergences for investment. The role of high yield as a leading indicator of risk appetite is explored, noting its resilience despite challenges. Finally, the video examines inflation expectations, suggesting that core inflation remains low and questioning the urgency of reaching inflation targets.

What are the potential risks associated with the current credit cycle as described?

Discuss the implications of falling inflation expectations as mentioned in the text.