Hyzy: Economy, Markets at Major Pivot Point

What is the major shift in market focus discussed in the first section?

• From cyclical to defensive sectors

• From defensive to cyclical sectors

• From emerging markets to US markets

• From technology to real estate

Which political event is mentioned as having a dampening effect on investor sentiment?

• Brexit

• US election

• French election

• German referendum

What is the expected market movement post-election according to the third section?

• No change in market

• A steady decline

• A small rally or melt-up

• A significant market crash

What is the potential market correction percentage discussed in the third section?

• 10-15%

• 5-10%

• 3-4%

• 1-2%

How have emerging markets performed according to the final section?

• Declined sharply

• Remained stagnant

• Outperformed this year

• Underperformed consistently

What is the expected trend for active management in 2017?

• Active management will have an easier time not underperforming

• Active management will outperform

• Active management will remain unchanged

• Active management will underperform

What economic factor is highlighted as accommodating and reflationary for the global economy?

• Rising oil prices

• Decreasing bond yields

• Increasing wage pressures

• Stable real rates