Morningstar's Dave Sekera on Fed Policy

The video discusses the economic outlook, focusing on the yield curve and interest rates. It covers the Federal Reserve's approach to tapering and potential interest rate hikes. The equity strategy is analyzed, highlighting market valuation and sector rotation. The concept of wide economic moat stocks is explored, particularly in the context of inflation. The impact of interest rate changes on markets is examined, and the need for monetary policy normalization post-pandemic is emphasized.

What factors contribute to the speaker's belief in the performance of value stocks over the next 12 to 18 months?

How does the speaker define 'wide economic Moat' and its significance in stock valuation?

What is the speaker's perspective on the correlation between interest rates and asset prices?