Daybreak Europe Show Open: Fed Warns of Risky Assets

The video discusses the current market situation, highlighting the risks associated with central bank policies and the end of the Goldilocks era. Alberto Gallo's insights on 'Pixie dust' sustaining market valuations are explored, along with the Fed's monetary policy impact on yields. The potential for policy errors and asset bubbles is also examined, emphasizing the challenges faced by central banks.

What is the significance of the 30-year tips yield mentioned in the text?

What does the speaker imply about the relationship between market behavior and the reopening narrative?