Why Investors Are So Excited for 2017

The transcript discusses the potential for a more robust fiscal policy and the actions of major central banks, such as the Fed, BoJ, and ECB, in response to economic expectations. It highlights the uncertainty in US fiscal policy with the upcoming presidency of Donald Trump and the global economic shifts, including Japan's potential recovery. The conversation touches on changing economic sentiments, the concept of 'animal spirits,' and the influence of the US on the global economy, particularly in relation to Japan and the strength of the dollar.

What does the text suggest about the economic situation in Japan?

How does the strength of the dollar impact global yields and the BOJ's task?