Pimco's Fels: Central Banks Have 'Sedated' Markets

The video discusses the economic outlook for developed markets in 2017, focusing on the US. It highlights the stabilization of markets due to central bank actions and anticipates GDP growth. Investor expectations are high, but risks like corporate debt and fully valued assets remain. Productivity may rebound post-elections, influenced by fiscal policy changes. Asset classes have performed well, but volatility is expected. The video suggests cautious positioning in safer credit assets.

What factors contributed to the improvement in financial conditions in the markets?

How does the speaker view the potential for GDP growth in the upcoming quarters?

What are the risks mentioned regarding the corporate sector in the US?

What two conditions does the speaker believe are necessary for a rebound in productivity?

What is the speaker's perspective on the current state of asset classes in the market?