Fed's Kaplan: The Cost of Having Low Rates for This Long

The video discusses market distortions caused by prolonged low interest rates, which affect savers and push institutions to take more risks, leading to imbalances. It highlights the role of oil markets in inflation and predicts a move towards global supply-demand balance, affecting prices and investment. The discussion also covers global demand and industry disruptions, such as those caused by Amazon and Uber, impacting business investment and pricing power.

What factors are contributing to the anticipated global supply-demand balance in the oil market?

In what ways are companies responding to disruptions in their industries, according to the speaker?