Goncalves: Will Trump Policies Create Upside Risks?

The transcript discusses market predictions, economic growth, and fiscal policies, highlighting the impact of political events on market pricing. It also explores retail trends and changing consumer behavior, emphasizing the challenges and opportunities in the retail sector.

What is the market's current sentiment towards the end of the year?

• Optimistic with high risk appetite

• Aggressive with increased investments

• Cautious with reduced risk appetite

• Indifferent to recent events

How does the market typically respond to political events?

• With accurate predictions

• By ignoring them

• With difficulty in discounting outcomes

• By overreacting positively

What shift is occurring in the market narrative?

• From balanced views to euphoria

• From euphoria to balanced views

• From pessimism to optimism

• From optimism to pessimism

Which type of retailers are currently thriving?

• Online-only stores

• Off-price retailers

• Luxury brands

• High-cost department stores

How has online shopping affected consumer behavior?

• Made consumers less price-sensitive

• Increased consumer loyalty to brands

• Decreased consumer interest in discounts

• Made consumers more price-sensitive and informed