Close to End of Economic Cycle When Fed Ends Easy Money: UBS’s Haefele

The video discusses the current economic cycle, questioning whether it is mid or late cycle, and the Federal Reserve's proactive easing measures. It explores the impact of easy money on credit markets, particularly focusing on triple B and double B ratings. The discussion includes strategies for credit investment, emphasizing a balanced approach and the importance of finding positive yields. The potential end of easy money and its implications for liquidity and market cycles are also considered.

What strategies should investors consider in the current credit market environment?

What challenges do central banks face when withdrawing liquidity from the market?