Economic Outlook - The US is experiencing record highs of debt and a shrinking job market with surging unemployment [1] - A fiscal situation similar to the post-2008 recession is anticipated [1] - Lower interest rates will likely send risk-on assets higher [2] Monetary Policy - The idea of getting rates to 1% is a concern due to potential inflation [1] - Rates near or sub 2% next year could be on the table, pending the Fed chair [1] - Companies are able to borrow capital at a low cost with low rates [2] Investment Strategy - Higher rates for longer are expected sooner rather than later [2]