O'Brien: Bond Yield Move Started Before Trump Win

The video discusses the current state of market yields, the impact of the Trump administration on economic expectations, and the trends in interest rates. It explores the potential for infrastructure spending to influence GDP growth and examines long-term market expectations, highlighting challenges for investors in achieving desired returns. The discussion includes factors like demographics, productivity, and capital investment, which affect economic growth and asset performance.

What is the primary challenge for investors according to the first section?

• Rising unemployment rates

• Increasing geopolitical tensions

• Finding returns in a low-yield environment

• High inflation rates

What is the expected impact of the Trump administration on GDP growth?

• A decrease in GDP growth

• A significant drop in GDP growth

• No change in GDP growth

• An increase of half a percent per annum

What is a major concern regarding the expectations built into the current rates?

• The rates are too low

• The rates are stable

• The rates are too high

• The possibility of undershooting expectations

What is the expected GDP growth rate in developed markets over the next ten years?

• 1.5%

• 2.5%

• 3.0%

• 4.0%

What is the expected return on equities in emerging markets over the next ten years?

• 6%

• 9%

• 12%

• 15%