Lee Says Inflation Still a Hope and a Prayer

The video discusses the importance of the US 2-year yield as a global indicator for central bankers, particularly in relation to the Federal Reserve's actions. It explores the behavior of the yield curve during rate hike cycles and the potential impact of the balance sheet on interest rates. The discussion also covers the current state of inflation and fiscal policy, highlighting the uncertainty in these areas. Finally, the video touches on the Milken Institute's mission to increase global prosperity through collaborative solutions and improved access to capital markets.

What is the significance of the balance sheet in relation to interest rates?

What are the proposed marching orders for increasing global prosperity as discussed?