Bonds Are Back as Ballast for Risk Assets, BlackRock's Thiel Says

The video discusses the behavior of the bond and Treasury markets, highlighting the typical correlation between risk assets and bonds, which was disrupted last year but has since returned. Central bank policies, including those of the Bank of Japan and the Riksbank, are noted as factors influencing this trend. The discussion then shifts to the Federal Reserve's current position, with low unemployment and inflation near target levels, suggesting a stable economic environment. However, potential risks in asset markets are acknowledged, with the Fed adopting a patient approach to policy-making.

What factors indicate that the US economy is doing relatively well according to the speaker?

How does the speaker describe the current stance of the Fed regarding its policy?