JPMorgan's O'Brien: The Case for U.S. Fiscal Spending

The video discusses the limitations of monetary policy and the potential benefits of combining it with fiscal policy, as seen in the Trump administration. It highlights the low cost of borrowing and the end of the QE program as opportunities for economic growth through infrastructure investment. The discussion also covers the demand for infrastructure investments from pension and sovereign wealth funds. Finally, it addresses the impact of GDP expectations on economic growth and market dynamics.

What role do US pension funds and European sovereign wealth funds play in infrastructure investment?

What concerns are raised about GDP growth expectations?