JPMorgan's Ramakrishnan Doesn't Expect Yield Curve to Steepen Further

The video discusses the implications of the Federal Reserve's rate hikes on the US 10-year yield, predicting a rise to around 3%. It examines the yield curve's shape, suggesting that while a flat curve traditionally signals recession, current global monetary policies may alter this prediction. The discussion also covers the impact of bond yields on stock markets, noting that higher yields need to reach certain thresholds to affect equities significantly. The video concludes that solid economic fundamentals support continued stock market growth in the near term.

Discuss the relationship between bond yields and the equity market as mentioned in the text.

What economic fundamentals are suggested to support stock market performance in the near term?