Market Shrugs Off Fear From Yet Another Terrorist Attack

The video discusses the limited impact of current events on the stock market, focusing on political risks like Brexit and upcoming elections. It highlights the stability of US banks' net interest margins compared to European banks and examines loan growth and credit cycle risks. The potential impact of Brexit on UK property prices and banks is explored, along with the Bank of England's role. Finally, the video suggests consumer discretionary stocks as a promising investment due to rising wages and low unemployment in the US.

How does the discussion characterize the current state of the credit cycle?

What factors are contributing to the growth of consumer loans despite challenges in the auto loan market?