Trump Vs. Bond Market Playbook Has a Long Way to Go, Monson Says

The video discusses the gradual increase of interest rates towards a neutral level, the US economic policies under the Trump administration, and the impact of fiscal stimulus. It compares soft and hard economic data, highlighting the optimism in business and employment figures. The discussion also covers inflation expectations and the bond market's response to economic policies, emphasizing the ongoing economic experiment and its potential long-term effects.

What indicators suggest that small businesses are optimistic?

What potential challenges does the speaker foresee in reversing the effects of the stimulus?