Fed���s��Kaplan��'Open-Minded' About Expanding Emergency Programs

The video discusses the impact of the COVID-19 pandemic on global markets, focusing on the Federal Reserve's actions and the resulting investment environment. It highlights opportunities in fixed income and the importance of credit selection. The discussion covers the Federal Reserve's interest rate cuts and the global trend of low rates. It also examines potential corporate defaults and the role of government aid in mitigating risks. Finally, the video explores opportunities and risks in emerging markets, emphasizing the need for careful investment selection.

What role does fiscal stimulus play in the economic response to the pandemic?

What are the expected trends in the bond market over the next few years according to the discussion?

How do emerging markets present both opportunities and risks in the current economic climate?