Goldman Sees `Big Rotation' Into Value, Cyclical Stocks

The video discusses the economic outlook across Europe amid rising COVID-19 infection rates and local restrictions. It highlights the potential for strong GDP growth in the eurozone and globally, supported by aggressive policy easing and possible vaccine approval. The discussion shifts to market dynamics, predicting a rotation from growth to value stocks, driven by rising bond yields and optimism from a potential vaccine. The video also explores short-term market dynamics, fiscal policies, and the impact of the US election on market trends.

What are the expected trends in bond yields and their significance?

What does the speaker suggest about the rotation of leadership in the market?