Trade, U.S. Elections Are Top Market Risks, Says Goldman Sachs’s Moe

The video discusses the potential risks in equity markets, focusing on the impact of trade deals and the US election on market dynamics. It highlights the significant repricing of trade deal probabilities and the potential market corrections if a unified democratic administration rolls back the 2017 tax cuts. Additionally, the video examines the Hong Kong elections' impact on local markets, noting the current undervaluation and potential for appreciation despite ongoing volatility.

What is the significance of the Hong Kong elections in relation to market conditions?

According to the text, what should long-term investors consider regarding their market perspective?