Give Bull Market the Benefit of the Doubt on Volatility, Says Shaoul

The transcript discusses the state of the market, focusing on volatility in global equities and the SNP index. It highlights the ongoing bull market, the VIX index's low levels, and the potential for market stability. The conversation also covers earnings growth, with a 24% year-over-year increase, and the impact on market valuation, noting that multiples have decreased slightly due to strong earnings. Overall, the discussion suggests cautious optimism about market conditions.

What was a significant characteristic of the market in 2017?

• High volatility in global equities

• Stable commodity prices

• Declining interest rates

• Low volatility in emerging markets

What is a notable feature of the S&P 500 as discussed in the video?

• It is unaffected by the bull market

• It has been declining steadily

• It is close to an all-time high

• It is far from reaching an all-time high

How long has the bull market been running according to the video?

• 12 years

• 5 years

• 7 years

• 9 years

What was the year-over-year earnings growth mentioned for the past year?

• 8%

• 32%

• 16%

• 24%

What change in multiples was observed in January?

• From 19 to 18

• From 18 to 19

• From 17 to 18

• From 18 to 17