The Fed's Neutral Rate Is 'in the Enchanted Forest,' Brady Says

The video features a discussion with the CEO of Thornburg Investment Management about the recent Federal Reserve decision and its impact on the market. The conversation covers market reactions, inflation concerns, labor market strength, and the potential for a recession. The CEO also discusses the implications of fiscal policy and the need for normalization in investment strategies, particularly in the bond market, as the Fed removes liquidity from the system.

What concerns did Jay Powell express during the press conference?

How does the speaker view the relationship between labor strength and inflation?

What does the speaker imply about the future of bonds in the current economic environment?