Grading the Fed's Tightening Pace

The video discusses the reactions of equity and bond markets to recent jobs data, highlighting the bond market's concerns over inflation and the Fed's response. It explores the implications of rising interest rates on equity valuations, particularly in the tech sector, and considers the potential for a market correction. The role of government investment in driving economic growth is also examined, with a focus on the impact of Bidenomics and industrial policy.

What are the potential consequences if inflation does not decrease more rapidly according to the bond market's perspective?

What factors are contributing to the current state of earnings growth in the tech sector?

How might government investment impact economic growth and productivity in the coming years?