Morgan Stanley’s Shalett Sees Year of Easy Comparisons Driving 2021

The video discusses the rational behavior of the market post-election, highlighting a 'Goldilocks scenario' with lower rates and some fiscal stimulus. It predicts a strong US GDP growth in 2021, assuming no further COVID-19 lockdowns. The speaker emphasizes the importance of fiscal stimulus, regardless of its size, and its positive impact on stocks. The video concludes with investment strategies focusing on long-term market forecasts.

What is the market's behavior around the election described as?

• Uncertain and risky

• Volatile and chaotic

• Rational and stable

• Irrational and unpredictable

What is the expected US GDP growth for 2021 barring any additional lockdowns?

• 6-7%

• 2-3%

• 5-6%

• 3-4%

How did the election impact the perceived importance of COVID-19?

• It reduced the importance

• It had no impact

• It increased the importance

• It made it the top priority

What is the Federal Reserve expected to do regardless of the election outcome?

• Keep their foot on the gas pedal

• Increase interest rates

• Reduce fiscal stimulus

• Stop supporting the economy

What is the long-term market outlook for the next 6 to 9 months?

• Decline significantly

• Drop below 3000

• Remain stagnant

• Increase to 3700-3750