High-Grade Munis Now a Gift in Bond Rout: Kotok

The video discusses the impact of Trump's election on municipal bonds and Treasury yields, analyzing his infrastructure plan and its potential effects on the economy. It explores the idea of municipal bonds with federal tax subsidies and the implications of higher yields on financial conditions. The video also compares S&P 500 indices in relation to dollar strength and examines how Trump's policies might affect domestic and international companies.

In what ways might higher yields in the U.S. affect financial conditions and investment portfolios?

Discuss the impact of the strengthening dollar on U.S. companies and their performance in the market.