Earnings Outlook: Could We See a Bump in Equities?

The video discusses the potential 9% fall in earnings, marking the worst season since the global financial crisis. Despite this, the US equity market remains near record highs. The video explores market sentiment, short covering, and the performance of emerging markets like Brazil, Turkey, and Colombia. It highlights the risks associated with high yield investments and market dislocation due to quantitative easing. The discussion also covers the dangers of contingent convertible bonds and the impact of fintech on bank profitability.

Discuss the risks associated with contingent convertible bonds as highlighted in the text.

What impact do negative interest rates have on banks' profitability according to the discussion?