Powell Needs to Talk 'Hawkish Game' at Jackson Hole, Says Principal's Shah

The transcript discusses the current financial conditions and the Federal Reserve's need to control the economy by maintaining a hawkish stance. It highlights the divergence between the equity and bond markets, with the former being optimistic and the latter pessimistic about growth. The discussion emphasizes the importance of addressing inflation despite economic slowdown and suggests focusing on real assets and infrastructure as investment strategies in a slow-growth, inflationary environment.

What does the speaker suggest about the current inflationary pressures?

In what way does the speaker believe infrastructure investments will perform in a slow growth environment?