LGT Bank's Hoffer: Markets Anticipating Big Rebound

The transcript discusses market reactions to the global vaccine rollout, highlighting optimism and challenges. It examines the Federal Reserve's policy stance amid economic uncertainties, focusing on inflation and labor market conditions. The discussion also covers investment strategies, emphasizing US and European markets, and the impact of fiscal stimulus on treasury yields.

What is the speaker's perspective on the optimism surrounding the vaccine rollout and its impact on the economy?

What are the potential challenges the Fed might face in transitioning from reliance on central banks to a more balanced policy stance?

How does the speaker view the relationship between inflation and job creation in the current economic context?

In what ways does the speaker suggest that the US economy may need to 'run hot'?

What advice does the speaker give regarding client exposure to US assets and equities?