Mainstay Capital Management: Favor Value Over Growth

The video discusses the shift towards value investing amid inflation concerns, highlighting the Federal Reserve's view that inflation pressures are likely transitory. It explores the challenges the Fed faces in scaling back quantitative easing (QE) and raising interest rates, drawing parallels with Japan's economic situation. The impact of infrastructure and tax policies on the US economy is also examined, questioning the transitory nature of inflation.

Discuss the challenges the Federal Reserve faces in raising interest rates.

What are the implications of the infrastructure package on the economy?

How does the concept of transitory inflation affect economic policy decisions?