Markets Are Factoring in a U.S.-China Deal, Says Goldman Sachs’s Moe

The video discusses the current market conditions, highlighting favorable changes in the risk environment and macro data. It examines the impact of trade tensions and the potential for a trade deal between the US and China, focusing on tariffs and agricultural purchases. The discussion also covers market positioning, risk appetite, and the influence of past market downturns. Economic indicators like PMIs are analyzed, with a focus on the potential for a mild cyclical lift next year. The need for earnings delivery to support market growth is emphasized.

What has been a significant factor in the market upswing according to the first section?

• Rising interest rates

• Increased consumer spending

• Favorable changes in the trade environment

• Decreased government spending

What is considered a major challenge in the trade negotiations?

• Agricultural purchases

• Labor market regulations

• Currency exchange rates

• Technology transfer agreements

What seasonal trend is mentioned as influencing market positioning?

• Winter decline

• Summer slowdown

• Fourth quarter strength

• Spring recovery

What is needed for markets to move meaningfully higher next year?

• Lower inflation rates

• Increased government intervention

• Higher consumer debt

• Earnings delivery

What technical indicator is mentioned as being elevated?

• Fibonacci retracement

• Bollinger bands

• Relative strength indicator

• Moving average