U.S. Fiscal Stimulus Coming at Wrong Time, ANZ's Yetsenga Says

The video discusses the Federal Reserve's approach to the yield curve and its potential inversion due to ongoing rate hikes. It highlights the impact of fiscal stimulus, such as tax cuts, on the US economy and the complications it introduces for the Fed. The discussion also covers future projections for US GDP growth, suggesting a slowdown by 2020, and the broader implications for the global economy. The video concludes with an analysis of the Fed's policy stance and its effects on emerging markets and global trade dynamics.

In what way does the speaker believe the Fed's actions will affect emerging markets?

What are the potential consequences of the current economic conditions as described by the speaker?