Markets Have Become Numb to Noise About Trade, Says McKinney

The video discusses the current state of the equity market, focusing on its sensitivity to trade news, particularly the December 15th tariffs. It highlights the market's numbness to trade headlines and the potential impact of tariffs on consumer goods. The FOMC meeting is expected to maintain current interest rates, with no surprises anticipated. Geopolitical events, including the UK elections, are considered potential market disruptors. The video concludes with a discussion on global economic growth, predicting a slowdown in US growth and potential synchronization with global markets.

What is the main issue currently affecting the equity market?

• Trade

• Inflation

• Unemployment

• Interest rates

Why is the December 15th deadline significant for the market?

• It is the date of a major election

• It involves tariffs that could affect consumer goods

• It is when the Fed announces interest rates

• It marks the end of the fiscal year

What is expected from the upcoming FOMC meeting?

• A significant change in interest rates

• Confirmation of the Fed's current plans

• Introduction of new economic policies

• A focus on international trade agreements

How might the UK elections affect US equities?

• They could cause a small market move

• They will have no impact

• They will lead to a major market crash

• They will result in increased interest rates

What is the primary focus for investors in the current market?

• Oil prices

• Interest rate changes

• Corporate earnings reports

• US-China trade negotiations

What is the expected trend for US economic growth in 2020?

• Recession with negative growth

• Acceleration to 4% growth

• Stagnation at 3% growth

• Slowing to around 2% growth

What could lead to more synchronized global growth in 2020?

• Decreased consumer spending

• Higher interest rates globally

• Resolution of trade uncertainties

• Increased US economic stimulus