Cyclical Stocks Will Be in Favor, Says BNY's Levine

The video discusses the influence of political events on market trends, focusing on the potential for a Democratic sweep and its implications for fiscal policy. It explores investor strategies, sector performance, and the role of policy in market stability. The discussion includes expectations for future market conditions and potential actions by the Federal Reserve.

What are the betting markets anticipating in the upcoming elections?

• A Republican sweep

• A Democratic sweep

• No significant change

• A coalition government

Which sector has outperformed since the March 23rd low?

• Healthcare

• Technology

• Finance

• Energy

What is the expected impact of rising yields on market sectors?

• Favorability of defensive stocks

• Favorability of cyclicals

• Decline in all sectors

• No impact

What role did Fed policy play during the health crisis?

• It led to increased inflation

• It had no impact

• It stabilized markets

• It caused a financial crisis

What might the Fed do if there is no fiscal bill soon?

• Stop all interventions

• Increase interest rates

• Clarify asset purchases

• Reduce asset purchases