David Joy Sees Trend Intact In Equity Markets

The video discusses potential fluctuations in equity markets, highlighting a crack in market sentiment, particularly in high yield credit. Despite some outflows, the underlying trend remains positive. The discussion shifts to President Trump's limited influence on the stock market's performance, which has risen since his election. The potential impact of tax reform is analyzed, noting that delays could negatively affect market forecasts for 2018.

What is the main reason for potential further drafts in the equity markets?

• A new government policy on trade

• A significant drop in oil prices

• A crack in the confidence of the sentiment trade

• A sudden increase in interest rates

How has the S&P 500 performed since the election, according to the transcript?

• It has increased by 5%

• It has increased by 21%

• It has remained stable

• It has decreased by 10%

What factor could change the limited influence of President Trump on the stock market?

• A new trade agreement

• Tax reform legislation

• A change in the Federal Reserve's policy

• An increase in government spending

What is causing nervousness in the markets according to the final section?

• A sudden rise in unemployment rates

• A new international trade conflict

• A decrease in consumer spending

• A potential delay in corporate tax reform

What assumption is made in next year's earnings forecasts?

• The stock market will remain stable

• Inflation will rise significantly

• Corporate tax reform will occur in 2018

• Interest rates will decrease