Earnings May Grow More Than 25% in 2021: Nuveen's Doll

The video discusses the stock market outlook for 2021, predicting higher stocks but not as much as earnings. It highlights a rotation into cyclical stocks, driven by expectations of a steeper yield curve. Political changes, such as the Senate's composition, may accelerate this trend. Rising interest rates could impact tech stocks, with predictions for 10-year treasuries exceeding consensus forecasts.

What is the expected trend for stock market performance in 2021 compared to earnings?

• Stocks will outperform earnings significantly.

• Stocks will rise but not as much as earnings.

• Stocks will decline despite rising earnings.

• Stocks and earnings will both decline.

What is the current trend regarding cyclical stocks?

• Cyclical stocks are declining rapidly.

• Cyclical stocks are losing steam.

• Cyclical stocks are gaining momentum.

• Cyclical stocks are stable with no change.

How might political changes affect the speed and magnitude of cyclical stock rises?

• They will slow down the rise.

• They will cause a decline in cyclical stocks.

• They will have no effect.

• They will increase the speed and magnitude.

What is the consensus forecast for 10-year treasuries by the end of the year?

• Between 1.70 and 1.80

• Between 1.50 and 1.60

• Between 1.20 and 1.30

• Between 1.00 and 1.10

What impact might rising yields have on tech stocks?

• They will boost tech stock performance.

• They will have no impact on tech stocks.

• They could become a major headwind for tech stocks.

• They will cause tech stocks to outperform cyclicals.