Macquarie's Wizman Sees 'Pretty Hawkish' FOMC Minutes

The video discusses the economic outlook, focusing on inflation and fiscal policy. It highlights the lack of hawkishness on inflation despite fiscal stimulus and debates the impact of fiscal policy on inflation. The significance of the 10-year yield reaching 3% is analyzed, noting its psychological impact on the market rather than fundamental significance.

What does the speaker believe about the future of inflation in the US?

What significance does the speaker attribute to the 3% yield on the 10-year bond?