Everyone Is in Life Preserver Mode, Says Citi's Mann

Catherine Mann discusses the impact of low yields on the economy, highlighting the bifurcation between the asset and real economy. She explores the theoretical IS-LM model's societal impacts and examines inflation expectations. The discussion also covers the fragility of emerging markets, particularly in Latin America, amid the COVID-19 crisis and commodity market dynamics.

What does Mann mean by the 'bifurcation' in the economy?

How does Catherine Mann view the relationship between the labor market and inflation?

What factors does Mann identify as influencing the fragility of emerging markets?