Fed Rate Hikes Increase Risk of Recession, Northern Trust's McDonald Says

The video discusses the impact of Washington DC events on US equities, highlighting the market's focus on trade risks and economic factors. It explores the implications of monetary policy, emphasizing the need for caution in interest rate hikes to avoid recession. The discussion extends to inflation trends, noting structural factors that may keep it low. The video also examines the effects of US and UK multilateralism on global markets and provides an investment outlook, predicting positive but moderate returns in fixed income and equities.

What are the immediate consequences of the Washington DC drama on US equities?

How has the market responded to the risk around trade negotiations?

What does the term 'pass fail monetarism' refer to in the context of central banks?

What risks are associated with the Fed normalizing policy too quickly?

How does the current inflation environment affect monetary policymaking?

What implications does the US's approach to multilateral institutions have for global markets?

What is the forecast for fixed income and equities over the next five years?