Oil Demand to Return to Pre-Covid Levels by 1Q: UBS's Gordon

The video discusses the current state of the US dollar, predicting its stability through the end of the year and potential strengthening in 2022 due to rising real yields and fiscal stimulus. It examines the impact of tapering on emerging markets and nominal yields, noting the Fed's likely stance on inflation. The video also explores the commodities market, particularly oil, highlighting supply constraints and expected demand recovery to pre-pandemic levels by early next year.

What factors are contributing to the expectation of a stronger dollar?

What implications does the tapering of asset purchases have for emerging markets?

How do real yields and nominal yields differ in the current economic context?

What challenges do current account deficits pose for certain economies?

In what ways is the oil market expected to change in the near future?