Fed Stands Ready to Cut Again, Says State Street’s Jones

The transcript discusses the Federal Reserve's monetary policy, highlighting the delicate balance Powell must maintain between optimism and preparedness. It examines the dynamics of rate hikes and cuts, noting a shift towards easier cuts. The impact of the coronavirus on the global and US economy is considered, with potential implications for Fed policy. The preference for US equities is emphasized, driven by tech growth and lower rates. Emerging markets are also discussed, with a positive outlook due to the tech cycle and policy easing.

How does the speaker perceive the impact of the coronavirus on the US economy?

What is the speaker's view on US equities compared to the rest of the world?