Centennial Asia Advisors CEO Sees U.S. Tax Cuts Ahead

The video discusses the importance of the next Federal Reserve chair, highlighting the impact of their personality and the state of the economy on policy decisions. It predicts that the global economy will perform better than expected, leading to a more rigorous monetary policy. The discussion also covers market reactions, particularly the increase in treasury shorts following the September FOMC, and the potential effects of U.S. tax cuts on the deficit, which are expected to become significant by 2020.

What are the two main factors that influence the Federal Reserve's monetary policy?

• The personality of the Fed chair and the state of the economy

• The stock market performance and the unemployment rate

• The political affiliation of the Fed chair and global oil prices

• The fiscal policy of the government and international trade agreements

According to the speaker, what is expected to happen with the global economy?

• It will decline significantly

• It will remain stable

• It will face a recession

• It will surprise on the upside

What did the JP Morgan survey reveal about client behavior after the September FOMC?

• Clients are buying more real estate

• Clients are withdrawing from the market

• Clients are moving into treasury shorts

• Clients are investing heavily in stocks

What is the expected outcome of the U.S. tax policy according to the speaker?

• Comprehensive tax reform

• Tax cuts without spending cuts

• Increased government spending

• Balanced budget

What is the likely impact of tax cuts without spending cuts on the deficit?

• The deficit will decrease

• The deficit will remain unchanged

• The deficit will be eliminated

• The deficit will increase