Besides Trump, What's Driving the Markets?

The video discusses market overvaluation, focusing on the correlation between small and large caps, and the impact of a strong dollar. It analyzes emerging markets, highlighting the effects of negative rates on capital flows and asset prices. The discussion shifts to interest rates, predicting a rate hike and its market impact. The challenges of transitioning from monetary to fiscal policy are explored, using historical context. Finally, the video examines emerging markets debt, considering potential opportunities amid rate expectations.

What factors contribute to the correlation between small caps and large caps in the market?

How does the strength of the dollar impact S&P earnings and the Russell index?

Discuss the implications of Donald Trump's presidency on domestic protectionist policies and small cap companies.

What are the challenges associated with transitioning from monetary to fiscal policy?

Analyze the current outlook for emerging markets based on the discussion of interest rates.