Piper Jaffray CEO: Search for Yield Has Gone to Equities

The video discusses the current market conditions with high rates and low yields, influenced by global monetary policy. It explores the impact on asset classes and valuations, particularly in equity markets. The discussion includes the bull market in treasuries and the potential for economic strength, with a focus on the Fed's policy to normalize yields. Despite low corporate earnings, there is optimism for growth driven by consumer confidence.

What challenges does the speaker identify regarding corporate earnings?

In what ways does the speaker suggest consumer confidence is impacting the economy?