Should Traders Be Paying Attention to the Taper Conversation?

The video discusses the ongoing tapering conversation and its impact on markets, emphasizing that the real focus should be on future interest rate hikes. It highlights the importance of understanding inflation's role in market multiples and bond yields, noting that many investors have already accounted for tapering. The discussion also covers client expectations on inflation, with a majority believing it could be a longer-term issue. The video concludes by stressing the significance of future rate projections and their influence on equity returns.

What factors are believed to contribute to the current inflationary pressures?

What is the importance of understanding the future path of interest rates for equity returns?