Ares Capital's DeVeer Is More Worried About Valuations Than the Economy

The video discusses the recent volatility in US markets, driven by expectations of interest rate increases and economic growth. It highlights the impact of these changes on equity and high yield markets, as well as the credit market's response to yield curve shifts. The speaker emphasizes the importance of understanding these dynamics for investment strategies, noting that while economic indicators are positive, there are concerns about high valuations and risk-taking behaviors encouraged by low rates.

In what ways does the speaker believe the Fed's actions have influenced the economy?

What concerns does the speaker express regarding valuations in the current economic climate?