Cyclical, Value Trades Have Room to Run, JPM’s Lebovitz Says

The video discusses the potential for economic recovery and value-oriented trade, highlighting the role of interest rates and inflation expectations. It forecasts growth rates and the impact of an infrastructure package, suggesting a deceleration in growth by 2023. Key issues for investors include the surge in economic activity and its effect on company profits.

What does the teacher suggest about inflation expectations and their effect on the economy?

What concerns does the teacher express about the sustainability of economic activity?