Cyclical Trade Has Further to Run, Citi’s Rahbari Says

The video discusses the current market situation, highlighting a pause and exhaustion phase in trends. It explores the dynamics of correlations between rates and risk assets, noting the potential for equity prices to rise as US rates stabilize. The discussion also covers the changing nature of the reflation trade and the diminishing US exceptionalism, suggesting a synchronous global recovery in the near future.

What phase is the market currently in according to the discussion?

• Stagnation phase

• Exhaustion phase

• Expansion phase

• Recession phase

What is the relationship between US rates and risk assets as discussed?

• They are directly correlated

• They have a stabilizing correlation

• They are inversely correlated

• They are unrelated

What is the potential impact of stabilized US rates on equity prices?

• Equity prices may decline

• Equity prices may stabilize

• Equity prices may rise

• Equity prices may remain unchanged

How has the nature of the reflation trade changed recently?

• It has become less significant

• It has changed in terms of what's reflected

• It has become more volatile

• It has remained consistent

What is the current view on global recovery according to the discussion?

• A divergent global recovery is expected

• A slow recovery is expected

• No recovery is expected

• A synchronous global recovery is expected