Bernstein looks at what Trump’s policy bill means for consumers and retailers
After the Fed’s decision last week, what are the asset classes that are in play for global macro trading? In this episode, we invited Bruce Liegel, a former hedge fund manager and author of Global Macro Playbook, to share his analysis on:
- The risk of the interest rate cycle getting dragged out
- Whether the yield curve will steepen further
- Policy stance across Fed, PBOC and BOJ
- How the market is pricing high yield and commercial real estate
- Why USD is an interesting play for the rest of the year
- Short-term and long-term outlooks of commodities
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