How Bad will it Get?

The video discusses the current bear market, comparing it to historical downturns like those in the 1970s and 1982. It explores the potential for a recession, the Federal Reserve's role in combating inflation, and the impact of high interest rates on market valuations. The discussion includes earnings forecasts, consumer resilience, and credit conditions, highlighting the challenges and opportunities in the current economic climate. The video also touches on global economic concerns, particularly the situation in the UK, and the importance of mindful fiscal policy in the US.

What historical bear market does the speaker compare the current market to?

• The 1982 bear market

• The 1990s dot-com bubble

• The 2008 financial crisis

• The 2000s housing bubble

What is the expected level for the S&P 500 to stage a major battle?

• 4000

• 3000

• 3500

• 2500

What is the expected earnings for the S&P 500 in 2022?

• $275

• $250

• $225

• $200

How much is unemployment expected to rise during the small recession?

• 5%

• 3%

• 7%

• 1%

What is the expected impact of inflation moderation on earnings?

• Earnings will double

• Decrease in earnings

• No impact on earnings

• Increase in earnings

What is the expected condition of the labor market during the small recession?

• Severe unemployment

• Moderate unemployment

• Stable with minor impacts

• Complete collapse

What is the main concern regarding shadow banks and private credit?

• They have no impact on the economy

• They are more stable than traditional banks

• They are heavily regulated

• Their activities are not well-known