Citi's Wieting Sees Background for 8% Profit Gains in 2019

The video discusses potential changes in corporate profits, highlighting the impact of tax cuts which provided an 8% boost. It forecasts a profit growth of 8% globally in 2019, following a strong 2018 with 23% growth in the US, partly due to tax cuts. The slowdown in profit growth is expected to be moderate, contrary to market concerns.

What is the main concern discussed regarding corporate profits?

• The sustainability of high growth rates

• The impact of inflation

• The role of international trade

• The effect of technological advancements

How much of a boost did the tax cuts provide to corporate profits?

• 5 percentage points

• 8 percentage points

• 10 percentage points

• 12 percentage points

What is the expected profit growth in 2019 for both the United States and globally?

• 5%

• 8%

• 10%

• 12%

What was the profit growth in the United States in 2018?

• 18%

• 23%

• 15%

• 25%

How does the expected slowdown in 2019 compare to market reactions?

• It is less severe

• It is more severe

• It is unpredictable

• It is equally severe