UBS's Gordon on U.S. Dollar, Oil Prices

The video discusses the current economic outlook, focusing on the dollar's stability and potential strengthening due to fiscal stimulus and rising real yields in the US. It examines the impact of real yields on markets, highlighting the Fed's role and the challenges for emerging markets and commodities. The discussion also covers the reflation trade, oil demand, and production constraints, predicting a tightening oil market and higher prices.

How does the text characterize the impact of fiscal stimulus on the US economy?

What is the projected outlook for oil prices mentioned in the text?