Can't Shake Off Tech Disappointment: iCapital's Amoroso

The transcript discusses the current market situation, highlighting mixed news affecting the market, such as big tech disappointments and GDP figures. It also covers the positive aspects like lower bond yields and potential central bank pivots. The market technicals have improved since October, leading to some upside movement. Recent mini rallies are attributed to a better technical setup and anticipation of a Fed pivot. However, the need for a catalyst is emphasized, with some skepticism about the economy's direction.

What percentage of the S&P 500 market cap is represented by big tech, according to the discussion?

• 10%

• 40%

• 20%

• 30%

Which positive indicator is mentioned as potentially influencing the Federal Reserve's actions?

• Higher unemployment rates

• Increased consumer spending

• Lower bond yields

• Rising inflation rates

What was the market's technical setup like in October compared to September?

• Better than September

• Unchanged from September

• Worse than September

• The same as September

What is one reason investors might be buying despite market uncertainties?

• Because of a stable economic outlook

• To avoid missing out on potential gains

• Because of a strong GDP report

• Due to rising interest rates

What is the potential catalyst for the mini rallies discussed in the final section?

• A surge in consumer confidence

• Increased government spending

• The economy weakening enough for rate reduction talks

• A strong labor market