Stephen Gallo: 'Jittery' Markets Ahead of Brexit Vote

The video discusses the record lows in the German and Japanese markets, highlighting the challenges faced by global reserve managers in avoiding negative yielding assets. It explains how these conditions prop up asset prices and keep interest rates low, complicating central banks' policies. The discussion also touches on the market uncertainties surrounding Brexit and the EU referendum, suggesting that markets will remain jittery unless polls favor remaining in the EU.

What challenges do global reserve managers face in a difficult economic environment?

How do negative yielding assets affect the decisions of reserve managers?

What impact does the current economic situation have on interest rates in the developed world?

What is the speaker's outlook on Fed rate hikes for 2016?

What are the implications of Brexit on market stability according to the speaker?