Pinebridge's Kelly Says Reflation Is Bigger Than Trump

The video discusses market optimism, tax cuts, and the difference between reflation and inflation. It highlights the impact of regime change on economic conditions and analyzes Trump's role in economic trends. The discussion also covers valuations, interest rates, and the potential for earnings growth.

In what way does Kelly view the Trump agenda in relation to economic trends?

What does Michael Kelly identify as a potential risk to market valuations?

What factors does Kelly believe will influence the acceleration of earnings?