RBC's Calvasina Sees a Growth Scare, Not a Recession for U.S.

The video discusses the current market dynamics, focusing on the defensive tilt and market valuations. It explores the cyclical versus defensive sectors, highlighting the impact of trade deals and market trends. The discussion extends to the financial sector, examining the effects of yield curve compression and economic outlook. The healthcare sector is analyzed in the context of policy risks, particularly the 2020 election. Finally, the video addresses the trade war's impact on the economy, emphasizing the potential for a growth scare rather than a recession.

What are the potential risks associated with the upcoming 2020 election as mentioned in the text?

In what ways might companies be affected by the trade talks and their decisions regarding supply chains?