OppenheimerFunds' CIO Wants Significant Fiscal Expansion

The transcript discusses the potential impact of Trump administration policies on business investment, emphasizing the need for significant fiscal expansion. It compares US and German markets, highlighting a disconnect between stock and bond markets. The discussion covers the challenges of the reflation trade and market divergence, focusing on the equity market's response to fiscal policies. It concludes with an analysis of interest rate hikes and market expectations, noting that markets are already pricing in potential rate increases.

What are the expected outcomes for equity markets after the tax proposals are released?

What is the speaker's view on the likelihood of a 25 basis point hike by the Fed?