BlackRock's Watson Sees One More Fed Hike, Then Pause

The video discusses the current economic outlook, highlighting mixed data and potential recession risks. It examines central banks' interest rate policies, particularly the Fed, Bank of England, ECB, and Japan. Investment strategies focus on high-quality assets with minimal interest rate risk, while credit risk assessment emphasizes high-quality corporate bonds due to market liquidity challenges.

What is the speaker's view on the interest rate risk associated with high-quality assets?

What are the implications of the current credit market conditions as discussed in the text?