Daybreak Europe Show Open: Powell Reassures Markets

The video discusses the current state of the market, focusing on the concept of a 'soft taper' and its impact on bond and equity markets. It highlights the Fed's influence on financial stability and potential market distortions. The discussion also covers market bubbles, warnings from experts like Grantham, and the relationship between bond pricing and US economic growth.

How did the recent market events affect the pricing of bonds according to the discussion?

What does the term 'soft taper' refer to in the context of financial markets?

What concerns did Tom Porcelli express regarding the Fed's monetary policy?

What are the potential risks associated with non-conventional monetary policy as mentioned in the text?

What observations did Grantham make about the current state of the market?