Bonds and Stocks Can Move Higher on Strong Growth, Says Milligan

The video discusses the current market trends, focusing on bond yields and their potential rise due to fiscal policies and President Trump's budget. It explores the implications of these trends on equities and the possibility of a sell-off. The discussion also covers the impact of upcoming CPI numbers on inflation and how core inflation is expected to remain restrained. The relationship between bond yields and equities is analyzed, suggesting that strong growth in bonds could lead to higher corporate profits and more attractive valuations for equities.

What does the speaker suggest about corporate profits in 2018?

What role do fundamentals play in the current market according to the speaker?