A Lot of Good News Is Priced Into Equities: Goldman Sachs’s Oppenheimer

The video discusses the potential for year-end market rallies, considering the strong performance of equities and bonds. It examines the impact of US-China trade tensions on markets and the political landscape, especially with the upcoming election. The discussion also covers the US economic outlook, highlighting the low probability of a recession due to the absence of typical triggers like rising interest rates or collapsing asset prices. The video concludes with an analysis of economic indicators and their implications for future growth.

What has been the performance of equity markets over the past year?

• A year of moderate growth

• A remarkably strong year

• A year of significant decline

• One of the worst years in a decade

What is the current status of the US-China trade deal?

• Trade relations have improved dramatically

• A complete resolution has been reached

• Tensions have significantly escalated

• Uncertainties remain with no significant escalation

How do American voters generally feel about a tough stance on trade?

• It is only supported by one political party

• It is generally supported

• It is not a significant issue

• It is unpopular among the corporate sector

What is the likelihood of a US recession according to the discussed models?

• Around 10%

• Around 20%

• Around 30%

• Around 50%

Which of the following is NOT considered a current trigger for a US recession?

• Collapsing asset prices

• Inflation expectations

• High household savings

• Rising interest rates