How Would Fed’s Balance-Sheet Runoff Affect Markets?

The video discusses market volatility and investment opportunities, highlighting cautious optimism due to U.S. data and Fed policies. It examines the impact of the Fed's balance sheet runoff on asset movements and liquidity. The outlook for corporate earnings in 2019 is cautiously optimistic, with a focus on transitioning from double-digit to single-digit growth, emphasizing a stock picker's market.

In what ways might the market transition from double-digit growth to single-digit growth?

What role does industry selection play in the current market environment?