PineBridge's Kelly Looks for Upswing in Economy in 2018

The video discusses economic surprises in 2017, including tax reform abroad and concerns about China's economy. It highlights the unexpected weakness of the dollar and the flattening of the yield curve, which some interpret as a sign of economic weakness. However, the speaker believes the economy will strengthen in 2018, with the dollar firming and the yield curve steepening. Historical comparisons are made to the 1990s and 2000s, suggesting that current trends may not indicate future economic downturns. The role of central banks in managing the yield curve is also examined, with expectations of changes in their influence by the end of 2018.

What expectations does the speaker have for the economy next year?

What role do central banks play in managing the yield curve according to the speaker?