Wharton School's Siegel on Brexit, Economy, Markets

The video discusses the US unemployment rate, expected to stay below 5%, and the bond market's reaction to Brexit, highlighting a flight to quality in sovereign debt. It explores negative yields, investment strategies, and the impact of Brexit on the UK and EU. The discussion includes US equities, earnings growth, and market valuation, emphasizing a shift in asset class perception, with equities now seen as a source of income due to low bond yields.

How do current dividend yields in the US compare to those in Europe?

What is the expected impact of Brexit on the EU according to the professor?

What shift in investment strategy is occurring between the bond and equity markets?