Jefferies' Darby Finds Irony in Low Market Volatility

The video discusses the current state of global markets, highlighting the low volatility despite economic improvements. It explores the bond markets' response to inflation and growth rates, noting skepticism about consensus trades. The discussion also covers market sentiment differences between the US and Europe, and the challenges of implementing economic policies under the Trump administration.

Discuss the implications of the consensus trade mentioned in the text.

What are the contrasting sentiments in the US and Europe regarding the economic outlook?