Trillium AM's Smith on Markets

The video discusses the impact of global supply chain disruptions and the shift towards onshoring in the US, highlighting investment opportunities in various sectors. It examines the potential recession, noting the unique factors of investment stimulus from the Chips Act and Inflation Reduction Act. The discussion also covers earnings expectations, market challenges, and the housing market's risks due to quantitative tightening.

What event highlighted the vulnerabilities in the global supply chain, prompting a shift towards onshoring?

• The Brexit referendum

• The Fukushima nuclear disaster

• The 2008 financial crisis

• The COVID-19 pandemic

Which acts are mentioned as providing investment stimulus in the face of a potential recession?

• The Tax Cuts and Jobs Act and the Infrastructure Bill

• The Affordable Care Act and the Dodd-Frank Act

• The Chips Act and the Inflation Reduction Act

• The Green New Deal and the CARES Act

What is unusual about the current economic situation despite the Fed's interest rate hikes?

• A rise in unemployment rates

• A decrease in housing prices

• A strong labor and investment market

• A decline in consumer confidence

Why are earnings expectations considered too optimistic according to the transcript?

• Due to a lack of consumer spending

• Because of synchronized global economic growth

• Because of aggressive interest rate hikes by the Fed

• Due to a decrease in global trade

Which sector is likely to be hit hardest by the economic tightening?

• Technology

• Healthcare

• Housing

• Automotive

What is the impact of quantitative tightening on the mortgage market?

• It decreases mortgage rates

• It increases housing demand

• It stabilizes housing prices

• It raises the cost of mortgages

What is a potential consequence of rising interest rates on housing prices?

• Mortgage applications will rise

• Housing prices will decrease

• The net cost to consumers will increase

• More investors will enter the market