Light Sky's Melkman Says Central Banks Are Subservient Now

The video discusses the macroeconomic landscape post-COVID, highlighting changes in central bank independence, fiscal policy, and interest rates. It explores the implications of these changes on currency volatility, asset classes, and equity markets. The discussion also covers investor profiles, market risks, and the potential for inflation and economic growth.

What major changes to the economic outlook have occurred as a result of COVID?

How has central bank independence been affected in recent months?

What implications does the current fiscal deficit have on interest rates?

Discuss the potential volatility of foreign exchange (FX) in the coming years.

What are the expected consequences of the unification of monetary and fiscal policy?

How might the equity markets respond to the current economic environment?

What challenges do investors face in the current economic climate?