BofA's Subramanian Says Bonds Are in a Bubble

The video discusses the current market environment, highlighting the risks and opportunities in stocks and bonds. It compares today's market conditions to those of 2000 and the 1970s, emphasizing the abnormality of negative real rates. The role of the Federal Reserve in managing market volatility is examined, along with the potential for a 10% market correction. The speaker reflects on the past year's market forecasts and the resilience of corporate America.

In what ways might rising interest rates impact stock valuations according to the discussion?

What lessons were learned from the market behavior this year, particularly regarding corporate America?

How do the current forecasts for negative real rates differ from previous expectations?