Wraith: Markets Are Reasonably Well Priced

The video discusses the US 30-year spread, its peak during the 2010 financial crisis, and current economic conditions, including near full employment and Federal Reserve tightening. It highlights market optimism post-US presidential election and potential risks like trade wars. The yield curve's shape is analyzed, considering factors like inflation and fiscal stimulus.

What was the significance of the year 2008 in the context of the financial crisis?

How does the current yield curve reflect the expectations of the Federal Reserve's actions?

What factors contribute to the optimism reflected in the markets post-US presidential election?

What are the potential risks that could affect the optimistic outlook for the economy?

What conditions are necessary for a sell-off in longer dated bonds to occur?