OCBC's Menon: 2017 Will Be an Unusually Volatile Year

The video discusses the impact of Trump's presidency on market uncertainty, focusing on fiscal policy and its effects on the stock market. It highlights the challenges in implementing Trump's promises, particularly in the automotive sector, and the implications for job creation in the US. The discussion extends to interest rates, the bond market, and the search for yield, with a focus on the Federal Reserve's potential rate hikes. Finally, it examines China's economic outlook, considering its debt levels and the potential impact of US policies.

What is one of the main reasons for the uncertainty in the stock markets in 2017?

• Predictable economic growth

• Unusual presidency of Trump

• Stable fiscal policies

• Consistent market trends

What has the market been optimistic about regarding Trump's policies?

• His healthcare reforms

• His foreign policy

• His pro-growth fiscal policy

• His environmental regulations

What challenge does Trump face in implementing his fiscal promises?

• International trade barriers

• Congressional approval

• Lack of public support

• Technological limitations

How are automakers being influenced by Trump's policies?

• Strongarmed into creating more US jobs

• Encouraged to invest abroad

• Assisted in technological advancements

• Supported in reducing costs

What is a potential issue with manufacturing everything in the US?

• High skill levels

• Low cost structure

• Lack of necessary skills

• Abundant resources

What is the Federal Reserve likely to consider before deciding on interest rate hikes?

• Trump's policy impacts

• Technological innovations

• Global oil prices

• European market trends

What economic concern is China facing despite positive PMI numbers?

• Decreasing foreign investments

• Excessive debt levels

• Low employment rates

• High inflation rates