'Steep Valuations Lead to Bigger Sell-Offs'

The video discusses market trends, potential pullbacks, and investment strategies amid economic uncertainties. It highlights the impact of Trump's policies, the risks of recession, and global market sentiment. Strategies for managing volatility and fixed income investments are explored, along with the effects of currency strength on emerging markets. The discussion also covers the importance of being selective in emerging market investments due to geopolitical risks.

What is the average annual market drawdown since 1929?

• 13.5%

• 5%

• 25%

• 20%

What was the initial market reaction to Trump's pro-growth stimulus?

• Confusion

• Indifference

• Euphoria

• Panic

What is the cash position strategy discussed in the context of market pullbacks?

• Overweight bonds

• No cash position

• Underweight equities

• 3-4% cash position

How do recession-related sell-offs compare to typical annual sell-offs?

• They are more severe and last longer

• They are less severe

• They occur more frequently

• They are about the same

What is the expected impact of U.S. dollar strength on emerging markets?

• Neutral impact

• No impact

• Positive impact

• Negative impact

Which two countries are highlighted as having a 'bullseye' on them due to trade concerns?

• India and Brazil

• China and Mexico

• Russia and South Africa

• Australia and Canada

What regions are identified as having investment opportunities due to improving fundamentals?

• Africa and South America

• Europe and Japan

• Middle East and North America

• Australia and Southeast Asia