BlackRock’s Hildebrand: Inflation an Underappreciated Risk for 2020

The video discusses the current economic status, highlighting a significant drop in exports from China to the US and the potential for inflation to rise. The market is not currently expecting inflation, but it may become a more significant issue than anticipated. The speaker does not foresee dramatic inflation but notes wage pressures and other indicators suggest inflation is an underappreciated risk for 2020. The Federal Reserve is not expected to make significant policy changes, with a theme of policy on pause for the year.

What was the percentage drop in exports from China to the US?

• 15%

• 23%

• 30%

• 10%

What is the market's current stance on inflation?

• The market is highly concerned about inflation.

• The market is not expecting any significant inflation.

• The market expects inflation to decrease.

• The market is uncertain about inflation trends.

What does the speaker suspect about inflation a year from now?

• Inflation will remain stable.

• Inflation will be less of a concern.

• Inflation will decrease significantly.

• Inflation will be a bigger story than anticipated.

What is the expected response from the Federal Reserve regarding inflation?

• Significant policy changes are expected.

• No significant policy movement is expected.

• Fiscal policies will be tightened.

• Interest rates will be increased.

What is the overall theme for policy in 2020 according to the speaker?

• Aggressive policy changes

• Policy on pause or hold

• Expansionary fiscal policy

• Contractionary monetary policy