Investment Risks in the Hunt for Long-Term Yield

The video discusses the implications of duration risk on growth and inflation, highlighting the challenges posed by demographic changes and technological advancements. It emphasizes the importance of understanding retirement liabilities and investment risks, particularly in a low-interest environment. The discussion also covers the potential impact of deficit spending on the economy, suggesting that strategic investments in infrastructure could be beneficial. The video concludes with an analysis of how the bond market might react to changes in economic policy under new political leadership.

Discuss the implications of running a higher deficit as mentioned in the text.

What are the considerations for spending money to fund the deficit according to the speaker?