Informa's Cavenagh: U.S. Inflation to Stay In Check

The video discusses the political risks in the US, particularly around Inauguration Day, and their potential short-term impact on markets. It examines the strength of the US dollar, influenced by Treasury yields and political uncertainty, and the challenges in building a bullish case for the dollar. The discussion extends to US Treasurys, inflation targets, and the Fed's policies, highlighting the potential cap on Treasury yields. Finally, it addresses stock valuations, the risk of a near-term pullback, and the expected rotation in the stock market as the economy recovers from COVID-19.

How does the Biden administration's fiscal stimulus plans relate to U.S. economic growth?

What are the implications of stretched stock valuations in the U.S. market?

In what ways might the COVID vaccine impact the stock market and economic recovery?