Saxo's Jakobsen: Never Seen a Recession From Full Employment

The transcript discusses the current economic conditions in the US, focusing on employment, inflation, and the Federal Reserve's projections. It highlights the unpredictability of the Fed's actions and the global economic impact, particularly in relation to China. The discussion also covers investment strategies in light of these economic conditions, emphasizing the importance of understanding market trends and the potential risks associated with high valuations in growth stocks. The transcript concludes with an analysis of China's economic outlook and its implications for global markets.

What does the speaker suggest about the Federal Reserve's projections?

What is the speaker's opinion on inflation rates and their implications?

What does the speaker imply about the relationship between recession and full employment?

How does the speaker describe the current labor market in the US?

What are the sectors that the speaker believes will perform well in the current economic environment?

How does the speaker view the impact of China's credit impulse on its economy?

What concerns does the speaker raise about globalization in relation to China and the US?