Ballard: Markets have not fully priced war impact

The video discusses the potential for an imminent recession, focusing on the Treasury curve's inversion and the Federal Reserve's interest rate strategy. It highlights the need for selectivity in equities as a hedge against inflation, given the current geopolitical tensions, particularly the Ukraine conflict. The discussion also covers the impact of these factors on global markets and the dollar-yen exchange rate, emphasizing the influence of geopolitical events and central bank policies.

How does the speaker view the Federal Reserve's potential actions regarding interest rates?

What factors are contributing to the current inflationary pressures mentioned in the text?

In what ways does the speaker suggest investors should approach equities in the current market?

What are the expected outcomes of the talks between Ukraine and Russia as discussed in the text?

What is the significance of the geopolitical conflict mentioned in relation to market volatility?