Simon Smiles: Bond Selloff Is Changing Expectations

The video explores economic concepts such as dampening functions and market reactions to shocks. It discusses the impact of political changes, particularly with Trump's administration, on economic expectations, including potential infrastructure spending, tax cuts, and cash repatriation. The challenges in executing these policies, given the lack of experience and potential protectionism, are also highlighted.

Discuss the potential impact of inflation expectations on economic policy.

In what ways could protectionism affect economic growth and investment?