Credit Spreads Close to 'Insanely Tight,' Hornby Says

The video discusses the resilience of markets despite volatility, focusing on US fixed income and foreign demand. It explores the potential end of the credit cycle and the Federal Reserve's role in influencing defaults and leverage. The discussion shifts to central banks' responses to inflation and market pricing, highlighting the challenges faced by policymakers. Finally, it identifies emerging market opportunities and investment strategies, considering the impact of US economic recovery.

What challenges do central bankers face in communicating their policies regarding inflation?

In what ways could emerging markets present opportunities for investors?