A Deep Dive Into Equity Markets With Citi's Levkovich

The video explores the correlation between US and Chinese markets, highlighting the lack of correlation before 2007 and the impact of the global financial crisis. It discusses the influence of the energy sector on the US economy, particularly during the recession fears of 2015-2016. The video also examines the economic changes anticipated with the Trump administration, focusing on business optimism and small business growth. Economic indicators such as NFIB data and loan standards are analyzed to predict future economic activity. Finally, the potential impacts of trade wars and border tax adjustments are discussed, considering political and economic implications.

What was the primary reason for the strong correlation between the US and Chinese markets during the global financial crisis?

• The global financial crisis affected all markets

• US investments in Chinese companies

• Chinese investments in US real estate

• Increased trade between the two countries

What was the main concern for small businesses according to the National Federation of Independent Business?

• Regulation and taxation

• Business conditions

• Sales activity

• Employee turnover

How long does it typically take for NFIB hiring intentions to impact unemployment rates?

• Immediately

• Two years

• One year

• Six months

What is the expected economic impact of easing lending standards according to the Federal Reserve Board's survey?

• Delayed economic growth

• No significant impact

• Immediate economic slowdown

• Strong economic activity in the first half

What is the stance of Wilbur Ross regarding tariffs in the context of a potential trade war?

• Tariffs are necessary for economic growth

• Tariffs are unlikely to be implemented

• Tariffs are the first step

• Tariffs will be applied selectively

What is the potential impact of a border tax adjustment on the retail industry?

• Potential store closures

• Minimal impact

• Increased sales

• Higher employment rates

How are Canada and Mexico responding to the possibility of NAFTA renegotiations?

• They are imposing their own tariffs

• They are withdrawing from NAFTA

• They are open to discussions

• They are opposing any changes