Odds of a Rates-Fueled Recession

The video discusses the resilience of the US economy, highlighting its stability despite interest rate changes and the shift towards a service-based economy. It emphasizes the need for updated economic models to account for evolving factors like AI and productivity. The discussion covers investment strategies, focusing on treasury yields and equity markets, and explores the growth of ETFs and private credit. The video suggests that the economy is less sensitive to interest rates than before, affecting investment decisions and economic projections.

What are the expected trends for the 10-year yield in the coming months according to the discussion?

How does the current economic environment affect investment strategies, particularly in equities?

What role does private credit play in the current financial landscape compared to private equity?