Milken Economist Lee Sees Fed on 'Cruise Control'

The video discusses concerns about the Federal Reserve's role in the US economy, particularly regarding potential overheating. It covers the fiscal stimulus and monetary tightening, suggesting the Fed is on a steady path. The discussion highlights more downside risks than upside risks. Additionally, it examines the influence of low funding rates and the significant role of private equity in corporate investments, noting the Fed's monitoring of these market dynamics.

What is the current state of funding rates according to the discussion?

How many firms are currently under private equity ownership compared to publicly listed firms?