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 current market sentiment regarding a potential trade deal?

• Markets are indifferent to a trade deal.

• Markets have rallied significantly on hopes of a trade deal.

• Markets are neutral about a trade deal.

• Markets are pessimistic about a trade deal.

What is one of the main risks to the market in the upcoming year?

• The European Union policies

• A potential trade deal

• The US election

• The Hong Kong elections

What could happen if there is a unified democratic administration in the US?

• The tax cut of 2017 would be maintained.

• The tax cut of 2017 would be rolled back.

• The tax cut of 2017 would be increased.

• There would be no change in tax policies.

How has the Hong Kong index been trading compared to its 10-year average?

• Above its 10-year average

• At its 10-year average

• Unchanged from its 10-year average

• Below its 10-year average

What is the current market weight on Hong Kong according to the transcript?

• No weight

• Market weight

• Underweight

• Overweight