Reflation Trade Will Have Choppy Ride, Says Rabobank’s Foley

The video discusses the debate between Janet Yellen and Larry Summers on the timing of economic stimulus, highlighting Yellen's focus on underemployment and Summers' caution on spending. It explores the potential impact of inflation on the dollar and the Federal Reserve's cautious approach to market expectations. The video concludes with an outlook on economic data and the market's response amid the ongoing crisis.

What potential risks are associated with the Federal Reserve's response to inflation spikes?

In what ways might the market be misjudging the economic recovery according to the speaker?