What to Expect From Janet Yellen's Speech

The transcript discusses the Federal Reserve's decision-making process regarding interest rates, influenced by employment numbers and the Brexit vote. It highlights the impact of 'free money' on market dynamics, particularly in mergers and acquisitions, and the potential for market bubbles. The conversation shifts to global economic challenges, including geopolitical risks and the role of cheap capital. Finally, it critiques the over-reliance on monetary policy, suggesting a need for broader fiscal measures to stimulate the global economy.

How has the perception of 'free money' changed in the context of the current economic situation?

What factors contributed to the Fed's decision to delay moving rates higher?

What are the implications of the current geopolitical risks on M&A activities?

What does the speaker mean by stating that 'cheap capital is a symptom, not a driver of conviction'?

In what ways has the reliance on monetary policy affected the global economy?