Tapering Has Got to Be on the Table, UBS AM's Briscoe Says

The transcript discusses the current state of commodity prices and their impact on inflation, suggesting that companies are beginning to pass on costs to consumers. It highlights the potential for tapering by central banks, with hints already given through reduced corporate bond purchases. The discussion covers market reactions, particularly in relation to upcoming events like Jackson Hole, and the implications for yields and volatility. The transcript also explores credit market conditions and suggests a shift towards floating rate products as a strategic investment move.

What are the potential effects of higher yields on equity markets as discussed?

What concerns are raised about the credit market in the context of current economic conditions?