Monetary Policy Is Becoming 'Very Toxic': Macquarie's Shvets

The video discusses the 12-month target for Asian stocks, focusing on the MSCI Asia Pacific region. It highlights the role of central banks in influencing liquidity and the shift from private to public sector as the primary liquidity driver. The discussion then shifts to the limitations of monetary policy and the potential of fiscal policy, despite political reluctance. Historical economic contexts are considered, emphasizing the need for political adaptation to changing public demands. The video concludes with a discussion on the potential impacts of fiscal policies on inflation and stagflation.

What is the significance of the 12-month target for Asian stocks mentioned in the text?

How do central banks aim to influence liquidity in the market according to the discussion?

Discuss the impact of monetary policy on income and wealth inequality as described in the text.

What role does fiscal policy play in the current economic climate as per the text?

What changes in political will are suggested to be necessary for fiscal policy to be more widely adopted?