BNY Mellon Questions If 4Q Market Is Borrowing Gains From 2020

The video discusses the S&P's performance and its outlook for 2020, highlighting the potential for continued growth despite past earnings slowdowns. It raises concerns about whether the market is borrowing from 2020's performance in the fourth quarter of 2019. The upcoming 2020 election is identified as a significant source of market volatility, with potential impacts from both Democratic and Republican sides. Additionally, recent tariffs on South American countries are noted as a factor contributing to market uncertainty, with potential risks from a second Trump term being considered.

In what way did the speaker suggest that earnings growth affected market performance in 2020?

What was the significance of the tariffs imposed on South American countries in the context of the market?